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

Property Facts
| No. Units | 22 | Lot Size | 2.72 AC |
| Property Type | Multifamily | Building Size | 10,882 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1950/2007 |
| Building Class | C | Parking Ratio | 3.68/1,000 SF |
| Zoning | CS | ||
| 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
| Parcel Number | 030-00-0-210 | Improvements Assessment | $612,440 |
| Land Assessment | $135,640 | Total Assessment | $748,080 |
Property Taxes
Listing ID: 3659659
Date on Market: 9/23/2016
Last Updated:
Address: 5516 Clarksville Pike, Joelton, TN 37080
The Multifamily Property at 5516 Clarksville Pike, Joelton, TN 37080 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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