162 Jack Miller Blvd - Apartments FOR SALE


Clarksville, TN 37042
$8,950,000 USD
336-706-1290
162 Jack Miller Blvd, Clarksville, TN for Sale
$8,950,000 USD
Apartments - FOR SALE
1/34
null | 5.25% Cap Rate

162 Jack Miller Blvd
Clarksville, TN 37042


HIGHLIGHTS

  • 48-unit Class A townhome community with stabilized occupancy and immediate cash flow
  • Spacious 1,117 SF two-bed, 2.5-bath layouts with private entrances and modern finishes
  • Larger-than-average unit sizes create premium positioning in the Clarksville submarket
  • Low-maintenance construction with zero deferred maintenance and reduced operational risk
  • Strong tenant retention driven by functional multi-floor layouts and quality living spaces
  • Located in a fast-growing Tennessee market near Fort Campbell, Nashville, and logistics hubs

OVERVIEW

The Rowe at Gate 1 is a premier 48-unit Class A townhome community designed for long-term ownership and durable cash flow performance. Located in the rapidly growing Clarksville, Tennessee market, the property offers a highly differentiated product with spacious 1,117 SF two-bedroom, 2.5-bath floorplans featuring private entrances, multi-level living, and modern finishes. The asset is fully stabilized with strong occupancy, low tenant turnover, and no deferred maintenance, providing investors with immediate operational efficiency and reduced management intensity. Supported by Clarksville’s expanding population, proximity to Nashville, Fort Campbell employment drivers, and continued healthcare and logistics growth, The Rowe at Gate 16 presents a compelling opportunity for investors seeking dependable long-term performance without value-add execution risk.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$160 USD /SF

# OF UNITS

48

PRICE/UNIT

$186,458

CAP RATE

5.25%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clarksville Class A Townhome Investment

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.