Share This Listing

Message

933 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

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.

Property Facts

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

Property Taxes

Parcel Number
006-029.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$251,275
  • Listing ID: 41961635

  • Date on Market: 9/1/2026

  • Last Updated:

  • Address: 3350 Allen Rd, Clarksville, TN 37042

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}