1351 Avondale Dr Clarksville, TN 37040

This exceptional mixed-use investment opportunity presents a 92-unit apartment complex ideally situated at 1351 Avondale Drive, Clarksville, Tennessee. Boasting a substantial 83,458 square feet on a 10.7-acre lot, this property offers a compelling return on investment in a rapidly growing market. The complex comprises a mix of one, two, three, and four-bedroom units, catering to a diverse range of tenants. Located approximately 40 minutes from downtown Nashville, this asset benefits from its proximity to a major metropolitan area while enjoying the advantages of a thriving, smaller city. Clarksville's population has experienced remarkable growth, expanding from 90,000 in 1990 to 180,000 in 2023, a surge exceeding the growth rate of 67% of similarly sized cities nationwide. This robust population increase is fueled by the presence of Austin Peay University and Fort Campbell Army post, both significant contributors to the local economy. The city also hosts a diverse range of corporate entities, including Amazon, Bridgestone, Google, and FedEx, ensuring a stable and expanding tenant pool. Clarksville offers a high quality of life with abundant recreational opportunities, including state parks, kayaking, golfing, and fishing, alongside a rich history and vibrant arts and culture scene. The asking price for this significant property is $10,750,000. This represents a rare chance to acquire a substantial multifamily asset in one of Tennessee's fastest-growing markets.