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$1,000,000

16-Unit Cheatham County Investment Portfolio. Rare opportunity to acquire a 16-unit residential investment portfolio across 5 buildings in Ashland City for $2,300,000 — approximately $143,750 per unit. With area apartment rents generally ranging from approximately $1,200–$1,600 per month, this portfolio offers strong income potential, immediate scale, and long-term upside in the growing Middle Tennessee market. At those rental levels, 16 units could generate approximately $19,200–$25,600 per month, or $230,400–$307,200 annually in gross rental income, depending on occupancy, unit mix, and achieved rents. The portfolio includes properties located on Turner Street, Tucker Street, and Stratton Boulevard, allowing an investor to acquire multiple income-producing assets in one transaction while diversifying income across several buildings. Highlights include 16 total units, 5 buildings, an attractive price per door, potential for rent growth, and the opportunity to expand an investment portfolio without assembling properties one at a time. Conveniently located in Ashland City with access to Nashville and the continued growth of Middle Tennessee, this offering presents a compelling opportunity for investors seeking scale, cash-flow potential, appreciation, and future value-add opportunities. Five buildings. Sixteen units. One investment opportunity. $2.3 million. Rental figures are estimates only and are not a guarantee of current or future income. Buyer to independently verify rents, expenses, occupancy, and financial performance. * This parcel has two quadplex building on it. Only 5 are being rented at the moment. Seller isn't activity filling vacancy because of selling but has the right to change that at any moment.

3514625 MLS ⋅ COMING SOON / HOLD Status ⋅ 37015 Zip Code

106 Tucker St, Ashland City