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Listed by Kelly Kellett • Blue Cord Realty, LLC
$6,554,000
Est. payment /mo
28,472 SqFt
New
110 Bennett Dr Clarksville, TN 37042
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 28,472 sqft
Price per Sqft $230
Subdivision Darnell Estates
MLS Listing ID 3034990
HOA Y/N No
Year Built 1993
Annual Tax Amount $7,152
Property Description
Multi-family investment opportunity in the rapidly growing Clarksville market. This well-maintained asset consists of 58 total units, offering 52 two-bedroom, one-bathroom units and 8 one-bedroom, one-bathroom units. Current rental rates range $925–$1099 for two-bedroom units and $795–$1004 for one-bedroom units, providing steady cash flow with demonstrated demand and room for future rental growth. The property benefits from a diverse tenant profile and continued interest from both military and civilian renters due to its strategic proximity to Downtown Clarksville, Fort Campbell, retail centers, schools, and major commuter routes.
This complex offers investors the opportunity to continue operating as a stabilized, income-producing asset or to explore value-add strategies through updates, amenity enhancements, and rent optimization. The surrounding area has experienced notable population and job growth, contributing to increasing rental demand and limited comparable housing supply. Clarksville has consistently ranked as one of Tennessee's fastest-growing communities, further strengthening long-term appreciation potential. Residents enjoy convenient access to shopping, dining, recreational amenities, and public transportation, supporting high retention rates and solid leasing performance.
P&L statements are available upon request. Property tours may be conducted with an accepted offer. Do not disturb tenants. This is a rare opportunity to acquire a multi-family asset of this size in a high-growth market with proven performance, increasing rental demand, and meaningful upside potential! GROSS INCOME AND EXPENSES REPORTED ARE THROUGH 10/27/025.
This complex offers investors the opportunity to continue operating as a stabilized, income-producing asset or to explore value-add strategies through updates, amenity enhancements, and rent optimization. The surrounding area has experienced notable population and job growth, contributing to increasing rental demand and limited comparable housing supply. Clarksville has consistently ranked as one of Tennessee's fastest-growing communities, further strengthening long-term appreciation potential. Residents enjoy convenient access to shopping, dining, recreational amenities, and public transportation, supporting high retention rates and solid leasing performance.
P&L statements are available upon request. Property tours may be conducted with an accepted offer. Do not disturb tenants. This is a rare opportunity to acquire a multi-family asset of this size in a high-growth market with proven performance, increasing rental demand, and meaningful upside potential! GROSS INCOME AND EXPENSES REPORTED ARE THROUGH 10/27/025.
Location
State TN
County Montgomery County
Zoning R4
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Laminate, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Liberty Elementary
Middle Schools New Providence Middle
High Schools Northwest High School
Others
Senior Community false
Special Listing Condition Standard

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