Investment Overview

Marcus & Millichap has been selected to exclusively market for sale The Reserve at Lebanon in Lebanon, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in the Nashville, TN MSA. Located just 30 miles from downtown Nashville in Lebanon, TN, The Reserve offers a strong unit mix of 1-bed/1-bath and 2-bed/1.5-bath floorplans, with 16 units already renovated—providing a clear path to increase income through proven renovation premiums. Current rents are approximately $113 below market, offering immediate upside. Over the past 18 months, $585,000 has been invested in capital improvements including new windows, unit renovations, exterior painting, lighting upgrades, signage, repaving, and landscaping. All units are individually metered for water and electricity and include washer/ dryer connections, minimizing owner expenses. The Reserve presents a compelling opportunity for investors seeking both near-term gains and long-term stability. 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 OF THE RESERVE AT LEBANON.