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3350 Allen Rd
Clarksville, TN 37042
The Villas at Charleston Oaks · Multifamily Property For Sale
·
114 Units


Investment Highlights
- 287-unit townhome development in Clarksville, Tennessee.
- 173 lots ready to pull permits
- All units include washer/dryer
- 114 completed units - 90.6% occupancy
- Each unit is 1,498 SF, 3- bed - 3.5 bath, 1 car garage
- Clubhouse with gym, pool, and dog washing station
Executive Summary
The Villas at Charleston Oaks presents an opportunity to acquire a partially completed multifamily townhome community in Clarksville, Tennessee. The project consists of 287 planned townhome units, with 114 units completed and operating at 90.6% occupancy. An additional 173 developed lots are ready for permits, allowing a buyer to continue the project with infrastructure already in place.
The property offers a scalable investment opportunity through a combination of existing cash flow and future development potential. Each unit is individually parceled and separately metered, providing operational flexibility. Community amenities include a clubhouse, fitness center, pool, and dog washing station. The offering is listed at $35,000,000.
The property offers a scalable investment opportunity through a combination of existing cash flow and future development potential. Each unit is individually parceled and separately metered, providing operational flexibility. Community amenities include a clubhouse, fitness center, pool, and dog washing station. The offering is listed at $35,000,000.
Property Facts
| Price Per Unit | $307,018 | Building Class | B |
| Sale Type | Investment | Lot Size | 43.01 AC |
| No. Units | 114 | Building Size | 430,500 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2023 |
| Zoning | C-5 | ||
| Price Per Unit | $307,018 |
| Sale Type | Investment |
| No. Units | 114 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 43.01 AC |
| Building Size | 430,500 SF |
| Average Occupancy | 91% |
| No. Stories | 3 |
| Year Built | 2023 |
| Zoning | C-5 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Deck
- Family Room
- Freezer
- Patio
- Wheelchair Accessible (Rooms)
- Quartz Countertops
Site Amenities
- Clubhouse
- Fitness Center
- Pool
- Tenant Controlled HVAC
- Gated
- Pet Play Area
- Trash Pickup - Curbside
- Online Services
- Individual Locking Bedrooms
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+3.5 | 1 | - | 1,500 |
| 3+3.5 | 113 | - | 1,500 |
Property Taxes
| Parcel Number | 006-029.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $251,275 |
Property Taxes
Parcel Number
006-029.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$251,275
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