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Shelbyville SF Portfolio 2 Multifamily Properties Offered at $23,000,000 in Shelbyville, TN

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INVESTMENT HIGHLIGHTS

  • Opportunity to purchase a large portfolio development consisting of 111 SFR homes.
  • Seller has continuously and will continue to rehab units as needed and raise rents on new leases and renewals
  • Can purchase in any sized packages.

EXECUTIVE SUMMARY

**PLEASE NOTE** - This portfolio consists of 111 total units. Please reach out to the listing agents for a rent roll and individual property information.
Available now is a diverse single-family rental portfolio spread across the vibrant city of Shelbyville. These homes range from needing updates to newly renovated, offering a fantastic opportunity for house flippers, investors, first-time home buyers, and those looking to invest 1031 exchange funds. Don't miss out on this unique chance to secure a promising investment in a thriving community!
About the Area:
Shelbyville, the county seat of Bedford County, is located 30 minutes south of Murfreesboro, TN, via State Highway 231. Nashville's population and economic boom over the last decade have positively impacted Murfreesboro and, in turn, Shelbyville. Bedford County has a population of 53,000, with Shelbyville accounting for around 23,000 residents.
Shelbyville is deeply rooted in a blue-collar, working-class community, including manufacturers like Calsonic Kansei, Newell Rubbermaid, Cebal America, and Jostens. The city is also home to a Tyson Foods facility and a Wal-Mart distribution center. With easy access to I-65, I-40, and I-24, Shelbyville is well-connected to Chattanooga and Atlanta, making it a hub for nationwide logistics carriers.

PROPERTY FACTS

Price $23,000,000
Price / SF $9,587 / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,399 SF
Total Land Area 0.52 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
110 Enden Ave, Shelbyville, TN 37160 Multifamily 1,439 SF 1963 -
100 Maplewood Dr, Shelbyville, TN 37160 Multifamily 960 SF 1942 -
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  • Listing ID: 32096952

  • Date on Market: 6/11/2024

  • Last Updated:

  • Address: Shelbyville SF Portfolio, Shelbyville, TN

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