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Jackson Rental Portfolio 6 Specialty Properties Offered at $725,000 in Multiple Locations

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INVESTMENT HIGHLIGHTS

  • Collection of six well-maintained single-family homes located across Jackson, Beech Bluff, and Denmark, TN.
  • Positioned within the Jackson MSA, an area benefiting from consistent population growth, affordable housing, and expanding employment opportunities.
  • Properties span multiple submarkets, providing geographic diversification within a single, easily managed portfolio.
  • Roof replaced at 247 Castle Heights Drive (2020) and 36 Chipwood Drive (2018), reducing near-term maintenance exposure.
  • Each home provides stable, in-place income with long-term rental demand driven by proximity to local employers, schools, and retail corridors.
  • Ideal for both new and seasoned investors seeking entry or expansion within the single-family rental space in a growing secondary Tennessee market.

EXECUTIVE SUMMARY

Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/195391/jackson-residential-rental-portfolio
Marcus & Millichap has been selected to exclusively market for sale the Jackson Residential Rental Portfolio in Jackson, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in West Tennessee.
This offering consists of a six-property single-family rental portfolio located across Jackson, Beech Bluff, and Denmark, Tennessee. Each home is situated in a stable residential area with strong tenant demand and consistent rental performance. The portfolio provides investors with immediate income and minimal near-term capital needs, highlighted by recent roof replacements at 247 Castle Heights Drive (2020) and 36 Chipwood Drive (2018), along with a well-diversified footprint within the growing Jackson MSA.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of the Jackson Residential Rental Portfolio.

PROPERTY FACTS

Price $725,000
Price / SF $91.54 / SF
Cap Rate 7.42%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 7,920 SF
Total Land Area 2.33 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
111 Annies Ln, Beech Bluff, TN 38313 Specialty 1,300 SF 1985 -
65 Gus Pope Rd, Denmark, TN 38391 Specialty 1,231 SF 1976 -
308 Lincoln St, Jackson, TN 38301 Specialty 1,556 SF 1999 -
247 Castle Heights Dr, Jackson, TN 38301 Specialty 1,447 SF 1958 -
36 Chipwood Dr, Jackson, TN 38301 Specialty 1,215 SF 1966 -
18 Russell Rd, Jackson, TN 38301 Specialty 1,171 SF 1955 -
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  • Listing ID: 33377708

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: Jackson Rental Portfolio, Beech Bluff, TN

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