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5516 Clarksville Pike
Joelton, TN 37080
Clarksville Pike · Multifamily Property For Sale · 22 Units

Property Facts

No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.72 AC
Building Size 10,882 SF
No. Stories 1
Year Built/Renovated 1950/2007
Parking Ratio 3.68/1,000 SF
Zoning CS

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Laundry Facilities

About 5516 CLARKSVILLE PIKE , JOELTON, TN 37080

OUTSTANDING INVESTMENT OPPORTUNITY. THIS PROPERTY CONSISTS OF WEEKLY RENTALS WITH MANY LONG TERM TENANTS AND IS 100% OCCUPIED WITH A WAITING LIST. IT IS PRICED TO SELL AT A 10 CAP. ON SITE MANAGEMENT IN PLACE. 5516 CLARKSVILLE PIKE, JOELTON, TN, 22 UNITS PLUS 1500 SF LAUNDROMAT FOR ADDITIONAL INCOME. 1.7 AC WITH FRONTAGE ON CLARKSVILLE PIKE. CURRENTLY NASHVILLE IS UNDERGOING A SURGE IN RESIDENTIAL DEMAND FUELED BY A STRONG ECONOMY, VIBRANT JOBS ENVIRONMENT, FAVORABLE TAX CLIMATE AND ROBUST REAL ESTATE MARKET. IT IS PROJECTED THAT NASHVILLE AND THE SURROUNDING AREA WILL BE MORE THAN 85,000 RESIDENTIAL LOTS BEHIND DEMAND BY 2020 THEREBY CREATING UPWARD PRESSURE ON RENTS.

Property Taxes

Property Taxes

Parcel Number
030-00-0-210
Land Assessment
$135,640
Improvements Assessment
$612,440
Total Assessment
$748,080
  • Listing ID: 3659659

  • Date on Market: 9/23/2016

  • Last Updated:

  • Address: 5516 Clarksville Pike, Joelton, TN 37080

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