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Listed by Tiff Dussault • Byers & Harvey Inc.
$970,000
Est. payment /mo
7,140 SqFt
Active
525 Patriot Park Ct Clarksville, TN 37042
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,140 sqft
Price per Sqft $135
Subdivision Patriot Park
MLS Listing ID 3068326
HOA Y/N No
Year Built 2012
Annual Tax Amount $10,822
Lot Dimensions 48
Property Description
Great income-producing investment opportunity in Clarksville, TN, featuring a fully operating and 100 percent occupied 7-unit multifamily property located approximately 2 miles from Fort Campbell. The asset is professionally managed by Byers & Harvey, Inc. and provides immediate stabilized cash flow with each unit offering approximately 1020 square feet with 2 bedrooms, 1.5 baths and a full appliance package including washer & dryer. This is a true turnkey property with substantial capital expenditures already completed, including a roop only a couple years old, fully renovated units, and no deferred maintenance. Clarksville continues to experience significant economic growth with major recent announcements including T. RAD North America locating a new manufacturing facility in Montgomery County creating 923 jobs and representing a $90.2 million investment in the area, and Korea Zinc selecting Clarksville for its U.S. headquarters and new production facilities with a more than $6.6 billion investment.
Location
State TN
County Montgomery County
Zoning R-4
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Laminate
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
New Construction false
Schools
Elementary Schools Ringgold Elementary
Middle Schools Kenwood Middle School
High Schools Kenwood High School
Others
Senior Community false
Special Listing Condition Standard
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