Multifamily
Autumn Wood Portland
117 Jerry St, Portland, TN 37148
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale Autumn Wood Portland in Portland, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in the Nashville, TN MSA.
Autumn Wood is a 50-unit multifamily community located in the steadily growing Portland, TN market. Built in 1984, the property has benefited from significant capital improvements over the past 36 months, including new exterior stairwells, decking, handrails, exterior paint, playground equipment, AC units, and ongoing unit upgrades. Washer and dryer connections are being added to larger units during turnovers, further enhancing tenant appeal. With individually metered electricity, water billed back to tenants, and durable PVC plumbing and Romex copper wiring, Autumn Wood offers a low-maintenance, income-generating asset. The property’s strong fundamentals position it well to capture continued rental demand in a supply-constrained market.
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 AUTUMN WOOD PORTLAND.
Investment Highlights
- Located approximately 40 miles north of Nashville, offering convenient access to the metro while benefiting from Portland's lower cost of living and steady population growth.
- Capital improvements over the last 36 months include new exterior stairwells, exterior paint, decking, handrails, playground equipment, picnic tables, AC units, and unit turns
- Laundry facility, playground, and basketball court on-site
- Water is on a master meter and billed back to tenants
- Electricity is individually metered and in the tenants' names
Exclusively Listed By
Financing By
Investment Highlights
- Located approximately 40 miles north of Nashville, offering convenient access to the metro while benefiting from Portland's lower cost of living and steady population growth.
- Capital improvements over the last 36 months include new exterior stairwells, exterior paint, decking, handrails, playground equipment, picnic tables, AC units, and unit turns
- Laundry facility, playground, and basketball court on-site
- Water is on a master meter and billed back to tenants
- Electricity is individually metered and in the tenants' names
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale Autumn Wood Portland in Portland, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in the Nashville, TN MSA. Autumn Wood is a 50-unit multifamily community located in the steadily growing Portland, TN market. Built in 1984, the property has benefited from significant capital improvements over the past 36 months, including new exterior stairwells, decking, handrails, exterior paint, playground equipment, AC units, and ongoing unit upgrades. Washer and dryer connections are being added to larger units during turnovers, further enhancing tenant appeal. With individually metered electricity, water billed back to tenants, and durable PVC plumbing and Romex copper wiring, Autumn Wood offers a low-maintenance, income-generating asset. The property’s strong fundamentals position it well to capture continued rental demand in a supply-constrained market. 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 AUTUMN WOOD PORTLAND.
Exclusively Listed By
Financing By

