Investment Overview

Marcus & Millichap has been exclusively retained to market the Portland Multifamily Portfolio in Portland, TN. This offering provides investors the rare opportunity to acquire a two-property value-add portfolio strategically positioned within the Nashville MSA. This portfolio includes 26 total units across two well-located Portland, TN communities, both benefiting from the city’s strong industrial base and growing employment. 102 Fireside offers 18 units with upgraded interiors, in-unit laundry connections, on-site facilities, individually metered utilities, and 16 renovated units. 123 Old Westmoreland adds 8 two-bed townhomes with in-unit laundry connections, central HVAC, utility bill-backs, and 3 renovated units. Portland’s expanding economy—supported by major investments such as Shoals Technologies Group’s $80M expansion adding ~550 jobs and Troax Group’s new facility adding ~120 jobs—continues to strengthen renter demand, further enhanced by proximity to Nashville (40 miles) and Clarksville (~61 miles). 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 Portland Multifamily Portfolio.