For Sale
$38,500,000

3350 Allen RdClarksville, TN 37042

114 Units, 173 Pads, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity: The Villas at Charleston Oaks, a Class A, 114-unit apartment complex in Clarksville, TN, is offered at $38,500,000. This multifamily property boasts 173 additional pads ready for development, situated on 26.1 acres at a signalized intersection with high daily traffic volume (over 31,000 vehicles). The existing 114 units, built in 2023, feature a single, spacious 3-bedroom, 3.5-bathroom floor plan (approximately 1,500 sq ft each) with a 1-car garage and currently enjoy an 88% occupancy rate. Amenities include a 6,000 sq ft clubhouse with a fitness center and a completed pool. The property is zoned C2 and benefits from its proximity to Fort Campbell Army Post. The sale price reflects the existing 114 units and the 173 prepared pads

Highlights

  • Multifamily Development Opportunity
  • 173 build-ready lots (16.5' x 38' pads); permits ready.
  • 114 existing units.
  • 26+ acre site.
  • 6,000 SF clubhouse.
  • Pool and fitness center amenities.

Property Details for 3350 Allen Rd

Property type
Apartment buildings
Class
A
Year Built
2023
Buildings
12
Stories
3
Lot Size (sq. ft)
1,137,352 SF
Units
114

Location Insight

City
Clarksville
County
Montgomery
State
Tennessee
Latitude
36.631256584394
Longitude
-87.387663301126
3350 Allen Rd, Clarksville, Tennessee

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3350 Allen Rd
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