Apartment Building

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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Mixed-Use Retail and Apartment Property
Updated: Apr 12
Mixed-Use Retail and Apartment Property

205-207 W Washington Ave, Athens, TN 37303

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Mixed‑use asset with boutique retail space and 9 residential apartments
10.4% cap rate
Located in Athens, Tennessee’s Courthouse District/Main Street area
Near Tennessee Wesleyan College, Edward Jones Financial, and CVS
Minutes from I‑75
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 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.

12-Property Ranch Apartment Community
12-Property Ranch Apartment Community

128 County Road 882, Etowah, TN 37331

$1,400,000
576 sqft

Ranch-style multifamily with public water and sewer, metal roof, and a mix of leased and under-construction cabins.

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Twelve-Property Investment Opportunity
Twelve-Property Investment Opportunity

128 County Road 882, Etowah, TN 37331

$1,400,000
1,782 sqft 4.17 AC lot

Portfolio of cabins and a doublewide with income potential.

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10-Unit Apartment Buildings
10-Unit Apartment Buildings

8473 Hiwassee St, NW, Charleston, TN 37310

$975,000

Two separate buildings support fully leased residential operations in Charleston, Tennessee.

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12-Unit Apartment Complex
12-Unit Apartment Complex

8951 Hiwassee Street NW, Charleston, TN 37310

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Twelve-unit apartment complex with 11 currently rented and additional commercial building potential on 0.23 acres.

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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

Value Estimation by Request
31.78 AC lot
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Athens, TN Apartment Buildings Market Trends and Statistics

Explore 3 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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in McMinn County

Retail

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