509 Britton Springs Rd - Apartments FOR SALE


Clarksville, TN 37042
$1,900,000 USD
615-267-3788
509 Britton Springs Rd, Clarksville, TN for Sale
$1,900,000 USD
Apartments - FOR SALE
1/16
null | 6.26% Cap Rate

509 Britton Springs Rd
Clarksville, TN 37042


HIGHLIGHTS

  • New construction, minimal maintenance
  • Fully occupied, 12 month rents
  • Can buy one or both properties

OVERVIEW

Britton Springs Townhomes is a newly built 13-unit multifamily asset located in Clarksville, Tennessee—a growing market supported by steady population growth, a strong military presence, and increasing demand for quality rental housing. The property spans two adjacent parcels and consists of thirteen 2-bedroom, 1.5-bath townhome units, each designed with functional layouts and modern finishes ideal for long-term tenants. Completed in 2024, Britton Springs Townhomes offers investors a fully stabilized, low-maintenance asset with zero deferred maintenance. All units feature in-unit laundry, contemporary interiors, and dedicated parking with two assigned spaces per unit. The property benefits from all-new roofs, HVAC systems, appliances, and utility infrastructure, minimizing repair and capital expenditure risk. Seller would sell each property individually as well.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$166 USD /SF

# OF UNITS

13

PRICE/UNIT

$146,154

CAP RATE

6.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Britton Springs Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

R-4

APN/PARCEL ID

030H-C-032.00

ASK ABOUT THIS PROPERTY

Landon HoffmanResidential Investment AdvisorsMore Info
615-267-3788

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Landon HoffmanResidential Investment AdvisorsMore Info
615-267-3788

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