336-706-1290
162 Jack Miller Blvd, Clarksville, TN for Sale
Apartments - FOR SALE
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162 Jack Miller Blvd
Clarksville, TN 37042


HIGHLIGHTS

  • 48-unit Class A townhome community built in 2020 with modern finishes and private entrances.
  • Strong in-place performance with 91.66% occupancy and T12 NOI of $457,115.
  • Spacious 1,117 SF two-bedroom, 2.5-bath floorplans designed for long-term tenant retention.
  • Located in Clarksville, TN—one of the fastest-growing cities in the state—near Fort Campbell and 45 minutes from Nashville.
  • Positioned in a high-demand rental market supported by military, healthcare, and logistics sectors.
  • Low-maintenance investment with predictable expenses and upside through rent growth.

OVERVIEW

The Rowe at Gate 1 presents a rare opportunity to acquire a 48-unit, Class A townhome community in Clarksville, Tennessee—one of the state’s fastest-growing cities. Built in 2020, this modern asset spans 55,872 SF across six buildings on 6.19 acres, offering a low-maintenance investment with strong fundamentals. Each unit features a spacious 1,117 SF two-bedroom, 2.5-bath layout with private entrances, contemporary finishes, and in-unit laundry, catering to long-term renters seeking quality and privacy. The property boasts 91.66% occupancy and a trailing twelve-month NOI of $457,115, with a projected Year 1 NOI of $513,797. Current average rents of $1,437 per unit reflect the premium positioning of this asset in the Clarksville market. With minimal deferred maintenance and predictable operating expenses, The Rowe at Gate 1 offers investors a stable, income-producing property with upside potential through continued rent growth. Strategically located just minutes from Fort Campbell and 45 minutes northwest of Nashville, the property benefits from robust demand drivers, including a growing population, expanding healthcare and logistics sectors, and a strong military presence. Clarksville’s affordability, job growth, and vibrant community make this an ideal market for sustained occupancy and rent appreciation. This is a turnkey opportunity for investors seeking predictable cash flow, strong tenant profiles, and a high-quality asset in a thriving submarket.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

48

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

48 Units For Sale - The Rowe at Gate 1

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.18 AC

LAND SF

269,285 SF

ZONING

R-4

APN/PARCEL ID

019-033.01-00003019

ASK ABOUT THIS PROPERTY

Spencer CriglerOne Alliance CompaniesMore Info
336-706-1290

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Spencer CriglerOne Alliance CompaniesMore Info
336-706-1290

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.