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Listed by Jacqueline (Jackie) Hardison • Onward Real Estate
$ 395,000
Est. payment /mo
Coming Soon
212 Stratton Blvd Ashland City, TN 37015
1,696 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,696 sqft
Price per Sqft $232
Subdivision Stratton Hills Sec 1 116-
MLS Listing ID 3514616
HOA Y/N No
Year Built 1981
Annual Tax Amount $2,056
Lot Dimensions 162X268X38X266 IRR
Property Description
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 270 Harpeth Hills Ct. Kingston Springs, 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.
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 270 Harpeth Hills Ct. Kingston Springs, 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.
Location
State TN
County Cheatham County
Zoning Commercial
Interior
Heating Central
Cooling Central Air
Flooring Other
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Ashland City Elementary
Middle Schools Cheatham Middle School
High Schools Cheatham Co Central
Others
Senior Community false
Special Listing Condition Standard
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