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Multifamily

Knollwood Townhomes

1521 W Knollwood Cir, Clarksville, TN 37043

Listing Price: $1,125,000

Cap Rate
6.08%
Number of Units
9
GRM
9.58
Price/Unit
$125,000
Price/Gross SF
$131.03
Gross SF
8,586

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Clarksville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity Located in one of Tennessee’s fastest growing cities.

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.

AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE THE KNOLLWOOD TOWNHOMES.

Investment Highlights

  • Located in one of the fastest-growing cities in Tennessee
  • Rents are currently $147 below market
  • Water and electricity individually metered

Exclusively Listed By

Financing By

Multifamily

Knollwood Townhomes

Listing Price: $1,125,000

Cap Rate
6.08%
Number of Units
9
GRM
9.58
Price/Unit
$125,000
Price/Gross SF
$131.03
Gross SF
8,586

Investment Highlights

  • Located in one of the fastest-growing cities in Tennessee
  • Rents are currently $147 below market
  • Water and electricity individually metered

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Clarksville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity Located in one of Tennessee’s fastest growing cities. 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. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE THE KNOLLWOOD TOWNHOMES.

Exclusively Listed By

Financing By

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