Phase 2 of this townhome development presents a unique opportunity to acquire 48 pad-ready lots in Clarksville, TN — fully entitled, fully serviced, and shovel-ready for immediate vertical construction. This is a rare infill offering with all utilities (water, sewer, electric, and fiber internet) stubbed to each lot and no permitting delays.
The development is zoned R-4 with an HPR overlay, and fee simple ownership means the lots may be sold individually, developed as build-to-rent, or held as a long-term portfolio. There are no restrictions on rentals, including short-term or Airbnb, offering a flexible exit strategy for investors. 40 units from Phase 1 have been fully built and are approaching full lease-up, demonstrating proven demand in the area. Rents are currently leased at below-market rates ($1,300–$1,450/month) to support rapid lease-up, while market comps support ~$1,550/month, showing potential for rent growth and value-add as the community stabilizes and nearby commercial developments and planned city park come online.
An HOA is already in place and professionally managed by Byers & Harvey Property Management. Monthly dues are $135 per unit and include a premium set of services: high-speed CDE Lightband fiber internet, concierge trash pickup, exterior building maintenance and insurance, lawncare, and landscaping. This low-maintenance lifestyle is highly attractive to both renters and owner-occupants, reducing long-term management burdens for investors.
Located in a high-growth corridor of Clarksville, this site is just:
12 minutes to Ft. Campbell, a major driver of population and rental demand
4 minutes to Pisgah Elementary
10 minutes to West Creek Middle & High Schools
1 hour to Downtown Nashville
1/4 mile to Billy Dunlop Park, offering river access, trails, pavilions, and recreation
Clarksville is one of Tennessee’s fastest growing cities, and this site is ideally positioned to benefit from future commercial and residential growth nearby. Additionally, Phase 3 (62 pads) is also available, offering long-term scalability for groups looking to expand or build a larger footprint.
KEY HIGHLIGHTS:
48 pad-ready townhome lots in Phase 2
Zoned R-4 with HPR overlay – townhomes approved
Utilities stubbed to each lot: water, sewer, electric, internet
Permits ready to pull – no delays
Fee simple ownership – no rental restrictions
HOA in place – $135/month per unit
HOA includes: fiber internet, trash, exterior maintenance & insurance, lawncare
Strategic lease-up with below-market rents; comps support $1,550+
Strong rent growth potential with nearby commercial and park developments
Ideal for build-to-rent, build-to-sell, or hybrid investment models
Phase 3 (62 additional pads) available for future expansion
Documents Available Upon Request:
Plat map & site plan
HOA CC&Rs and budget
Rent comps and pro forma
Utility confirmation
Contact Christian Black with Century 21 Platinum Properties for a full offering package, site tour, and next steps.
Christian Black
Century 21 Platinum Properties
931-801-8660
cblack@realtracs.com
HomeClarksville.com