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Athens, TN Apartment Buildings for Sale

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Stabilized Multifamily Portfolio For Sale
Updated: May 14
Stabilized Multifamily Portfolio For Sale

1720 Garden Dr, Athens, TN 37303

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219,926 sqft
Portfolio of 249 HAP units in three fast‑growing Tennessee markets.
High occupancy rates ranging from 90% to 100% across all properties.
Unparalleled acquisition flexibility: purchase the entire portfolio, individual properties, or combine assets.
Benefit from HAP contracts, providing predictable cash flow, with option terms extending to 2041.
Opportunity for operational efficiencies through shared management and amenities.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Athens, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Property with Duplexes
Multifamily Property with Duplexes

1305 Old Washington Hwy, Dayton, TN 37321

$2,850,000
10,728 sqft

Six duplex buildings and a quadplex provide a varied apartment configuration with updated finishes and modern appliances.

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15-Unit Multifamily Portfolio
15-Unit Multifamily Portfolio

101 Blythe Ferry Rd, Cleveland, TN 37312

$2,250,000
3,762 sqft

Four residential buildings offer consistent floor plans across adjoining Cleveland parcels with Interstate 75 access.

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Converted Multifamily Property in Dayton
Converted Multifamily Property in Dayton

405 Chickamauga Drive, Dayton, TN 37321

$3,980,000
22,528 sqft

22,528 SF property with 31 units, converted in 2025.

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92-Unit Apartment Community in Cleveland
92-Unit Apartment Community in Cleveland

3700 Stephens Road NE, Cleveland, TN 37312

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Well-maintained apartment community with recent improvements in a prime location.

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Off-Market Properties in Athens, TN

Consider similar Off-Market properties in Athens, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Layman Rd & Dennis St
Individual retail properties

0 Layman Rd & Dennis St, Athens, TN 37303

Estimated value: by Request
31.78 AC lot
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Athens, TN Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Athens, TN on our real estate platform. These investment opportunities span a total of 219,926 square feet of properties for sale.

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Demographics Overview

Population 25K
Population Growth (5Y) +4.5%
Median Household Income $60,874
College Educated 14.3%

Taxes & Financing

Tax Rate (average for all types) 2.03%
Property Tax per SF $38.78 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McMinn County

New Delisted

Total CRE Inventory on Market (SF)

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