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XL 160 Excell Rd 25 Unit Apartment Building $7,380,000 ($295,200/Unit) Clarksville, TN 37043
Investment Highlights
- Military relocation from Fort Campbell
- Expanding healthcare infrastructure
- Nashville overflow migration
- Industrial and logistics growth
Executive Summary
160 Excell Rd presents a rare opportunity to acquire a luxury 25-unit multifamily asset in one of Tennessee’s fastest-growing rental markets. Featuring oversized 3-bedroom, 2.5-bath floorplans averaging approximately 1,451 sqft with attached garages, this property was designed to outperform traditional apartment product and compete directly with the rapidly expanding build-to-rent sector.
Each unit offers premium interior finishes including quartz countertops, LVP flooring, soft-close cabinetry, stainless steel appliances, and modern layouts tailored toward today’s workforce and military tenant demand. Exterior construction combines brick and Hardie siding for long-term durability and lower maintenance costs.
Positioned within the high-growth Clarksville/Fort Campbell corridor with convenient access to I-24, Nashville commuters, expanding healthcare infrastructure, and continued military relocation demand, this asset offers investors the opportunity to secure a scalable, low-maintenance multifamily investment in a market experiencing sustained population and rental growth.
Opportunities of this size, finish quality, and unit configuration rarely become available in Montgomery County.
Each unit offers premium interior finishes including quartz countertops, LVP flooring, soft-close cabinetry, stainless steel appliances, and modern layouts tailored toward today’s workforce and military tenant demand. Exterior construction combines brick and Hardie siding for long-term durability and lower maintenance costs.
Positioned within the high-growth Clarksville/Fort Campbell corridor with convenient access to I-24, Nashville commuters, expanding healthcare infrastructure, and continued military relocation demand, this asset offers investors the opportunity to secure a scalable, low-maintenance multifamily investment in a market experiencing sustained population and rental growth.
Opportunities of this size, finish quality, and unit configuration rarely become available in Montgomery County.
Property Facts
| Price | $7,380,000 | Building Class | B |
| Price Per Unit | $295,200 | Lot Size | 0.91 AC |
| Sale Type | Investment | Building Size | 39,585 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 96% |
| No. Units | 25 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment | Parking Ratio | 0.08/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | R-4 - Commercial - Type Townhouse | ||
| Price | $7,380,000 |
| Price Per Unit | $295,200 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.91 AC |
| Building Size | 39,585 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 2021 |
| Parking Ratio | 0.08/1,000 SF |
| Zoning | R-4 - Commercial - Type Townhouse |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Carpet
- Breakfast Nook
- Double Pane Windows
- Framed Mirrors
- Handrails
- Island Kitchen
- Lawn
- Linen Closet
- Pantry
- Patio
- Smoke Free
- Vinyl Flooring
- Large Bedrooms
- Quartz Countertops
Site Amenities
- Smoke Free
- Trash Pickup - Curbside
- Storage Space
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 25 | $1,723 | 1,399 - 1,451 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 081N-G-00400H00011081N | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $105,520 |
Property Taxes
Parcel Number
081N-G-00400H00011081N
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$105,520
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Futurearth Real Estate
XL | 160 Excell Rd
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