For Sale
Call for price

120 Public SqShelbyville, TN 37160

166 Units, 99% Occupancy, TN

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 166-unit single-family rental portfolio presents a compelling investment opportunity in Shelbyville, Tennessee. Located conveniently near major highways (I-65, I-40, and I-24), this stabilized portfolio boasts a remarkable 99% occupancy rate. The portfolio comprises 152 buildings constructed between 1940 and 2023, offering a diverse mix of properties ranging from those requiring updates to recently renovated units. This variety caters to a wide range of investor strategies, from value-add renovations to immediate cash flow generation. The portfolio's scale is flexible, allowing for purchases of individual units, smaller packages, or the entire portfolio. Shelbyville's robust economy, driven by manufacturing (Calsonic Kansei, Newell Rubbermaid, Cebal America, Jostens, Tyson Foods, and a Wal-Mart distribution center), and its proximity to rapidly growing Murfreesboro and Nashville, ensures strong rental demand and long-term appreciation potential. The portfolio's location in Bedford County, a community of approximately 53,000 residents (23,000 in Shelbyville), provides a stable and attractive market for rental properties. This is an ideal opportunity for investors seeking immediate returns, long-term growth, or a combination of both. Detailed financial information, including individual pricing and expense details, is available upon request.

Highlights

  • Flexible lot sizes available; seller open to various purchase configurations.
  • Investment opportunity: acquire and renovate units for increased rental income, or purchase existing renovated units for immediate cash flow, or a combination of both.

Property Details for 120 Public Sq

Property type
Residential income homes
Year Built
1940
Buildings
152
Units
166

Location Insight

City
Shelbyville
County
Bedford
State
Tennessee
Latitude
35.483127
Longitude
-86.4597227
120 Public Sq, Shelbyville, Tennessee

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
120 Public Sq
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message