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.
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Contacts
Landon Hoffman
Kristina Rivers
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120 Public Sq, Shelbyville, Tennessee, 37160
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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120 Public Sq
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