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Multifamily

Jackson Residential Rental Portfolio

36 Chipwood Dr, Jackson, TN 38301

Listing Price: $725,000

Cap Rate
7.42%
Number of Units
6
GRM
8.23
Price/Unit
$120,833
Price/Gross SF
$91.54
Gross SF
7,920

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Jackson Residential Rental Portfolio in Jackson, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in West Tennessee.

This offering consists of a six-property single-family rental portfolio located across Jackson, Beech Bluff, and Denmark, Tennessee. Each home is situated in a stable residential area with strong tenant demand and consistent rental performance. The portfolio provides investors with immediate income and minimal near-term capital needs, highlighted by recent roof replacements at 247 Castle Heights Drive (2020) and 36 Chipwood Drive (2018), along with a well-diversified footprint within the growing Jackson MSA.

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 Jackson Residential Rental Portfolio.

Investment Highlights

  • Collection of six well-maintained single-family homes located across Jackson, Beech Bluff, and Denmark, TN.
  • Roof replaced at 247 Castle Heights Drive (2020) and 36 Chipwood Drive (2018), reducing near-term maintenance exposure.
  • Positioned within the Jackson MSA, an area benefiting from consistent population growth, affordable housing, and expanding employment opportunities.
  • Each home provides stable, in-place income with long-term rental demand driven by proximity to local employers, schools, and retail corridors.

Exclusively Listed By

Multifamily

Jackson Residential Rental Portfolio

Listing Price: $725,000

Cap Rate
7.42%
Number of Units
6
GRM
8.23
Price/Unit
$120,833
Price/Gross SF
$91.54
Gross SF
7,920

Investment Highlights

  • Collection of six well-maintained single-family homes located across Jackson, Beech Bluff, and Denmark, TN.
  • Roof replaced at 247 Castle Heights Drive (2020) and 36 Chipwood Drive (2018), reducing near-term maintenance exposure.
  • Positioned within the Jackson MSA, an area benefiting from consistent population growth, affordable housing, and expanding employment opportunities.
  • Each home provides stable, in-place income with long-term rental demand driven by proximity to local employers, schools, and retail corridors.

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Jackson Residential Rental Portfolio in Jackson, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in West Tennessee. This offering consists of a six-property single-family rental portfolio located across Jackson, Beech Bluff, and Denmark, Tennessee. Each home is situated in a stable residential area with strong tenant demand and consistent rental performance. The portfolio provides investors with immediate income and minimal near-term capital needs, highlighted by recent roof replacements at 247 Castle Heights Drive (2020) and 36 Chipwood Drive (2018), along with a well-diversified footprint within the growing Jackson MSA. 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 Jackson Residential Rental Portfolio.

Exclusively Listed By

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