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Multifamily

Timber Lake Apartments

283 Dunbar Cave Rd, Clarksville, TN 37043

Listing Price: Request For Offer

Number of Units
48
Gross SF
49,200

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Timberlake Apartments, located in Clarksville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding letter of intent, spelling out the significant terms and conditions of the purchaser's offer including, but not limited to 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all-cash to be paid at closing. Offers should be delivered to the attention of the listing agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE TIMBER LAKE APARTMENTS.

Investment Highlights

  • Rents are $396 below market
  • 36 HVACs are still under a ten-year warranty
  • Units are individually metered for water and electric

Exclusively Listed By

Multifamily

Timber Lake Apartments

Listing Price: Request For Offer

Number of Units
48
Gross SF
49,200

Investment Highlights

  • Rents are $396 below market
  • 36 HVACs are still under a ten-year warranty
  • Units are individually metered for water and electric

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Timberlake Apartments, located in Clarksville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding letter of intent, spelling out the significant terms and conditions of the purchaser's offer including, but not limited to 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all-cash to be paid at closing. Offers should be delivered to the attention of the listing agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE TIMBER LAKE APARTMENTS.

Exclusively Listed By

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