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Listed by Samantha Kellett • Blue Cord Realty, LLC
$ 2,350,000
Est. payment /mo
Active
279B Harrier Ct Clarksville, TN 37042
15,872 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,872 sqft
Price per Sqft $148
Subdivision Harrier Court
MLS Listing ID 3200991
HOA Y/N No
Year Built 1992
Annual Tax Amount $18,365
Property Description
Exceptional opportunity to acquire a fully occupied 16-unit multifamily community in a high-demand rental corridor near Fort Campbell and the Kentucky state line. This stabilized asset offers consistent cash flow potential with all units featuring spacious 3-bedroom, 2-bathroom floor plans averaging approximately 1,400 square feet with an upstairs/downstairs townhome design for long-term tenant appeal and functionality.
Current rental rates range from $1,200 to $1,379 per month, providing immediate income with additional upside potential for future investors. The property's location offers strong rental demand due to convenient access to Fort Campbell, major commuting routes, shopping, dining, and surrounding employment centers.
Each residence offers the size and feel of a townhome-style layout, a highly desirable feature in today's rental market. In addition to the existing performance of the asset, there is significant opportunity for a new owner to further enhance the community and make it their own through the addition of highly sought-after tenant amenities such as a dog park, playground, outdoor gathering spaces, or other value-add improvements that could further increase tenant retention and long-term revenue potential.
The combination of occupancy and location creates a rare investment opportunity suitable for both seasoned investors and those looking to expand their multifamily portfolio in the rapidly growing Clarksville/Fort Campbell market.
Financial documents, rent rolls, and additional investment information will be available beginning Monday. Contact listing agent for access to financials, operating information, and showing procedures. PLEASE DO NOT DISTURB TENANTS. Co-listed with Pat Cosgrove of Marcus and Millichap.
Current rental rates range from $1,200 to $1,379 per month, providing immediate income with additional upside potential for future investors. The property's location offers strong rental demand due to convenient access to Fort Campbell, major commuting routes, shopping, dining, and surrounding employment centers.
Each residence offers the size and feel of a townhome-style layout, a highly desirable feature in today's rental market. In addition to the existing performance of the asset, there is significant opportunity for a new owner to further enhance the community and make it their own through the addition of highly sought-after tenant amenities such as a dog park, playground, outdoor gathering spaces, or other value-add improvements that could further increase tenant retention and long-term revenue potential.
The combination of occupancy and location creates a rare investment opportunity suitable for both seasoned investors and those looking to expand their multifamily portfolio in the rapidly growing Clarksville/Fort Campbell market.
Financial documents, rent rolls, and additional investment information will be available beginning Monday. Contact listing agent for access to financials, operating information, and showing procedures. PLEASE DO NOT DISTURB TENANTS. Co-listed with Pat Cosgrove of Marcus and Millichap.
Location
State TN
County Montgomery County
Zoning R4
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Ringgold Elementary
Middle Schools West Creek Middle
High Schools West Creek High
Others
Senior Community false
Special Listing Condition Standard
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