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    Individually Metered Apartment Community
    Updated: Jun 1
    Individually Metered Apartment Community

    117 Cedarwood Dr, Lebanon, TN 37087

    $5,725,000
    40‑unit multifamily community built in 1970 with a mix of one- and two‑bedroom floorplans
    Strong in‑place occupancy and rents currently below market, with 17 units already renovated
    Ownership invested about $585,000 over the past three years, including exterior improvements and major system upgrades
    Over 70% of HVAC units replaced and the roof replaced in 2018
    Individually metered utilities with the property described as well amenitized
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lebanon, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    404 Douglas Ave, Nashville, TN 37207

    $8,875,000
    16,050 sqft

    Elevator access and furnished residences accompany a leased ground-floor retail suite with a NNN lease structure.

    View details
    50-Unit Renovated Apartment Community
    50-Unit Renovated Apartment Community

    144 Kingsridge Dr, La Vergne, TN 37086

    $6,950,000

    A fully updated multifamily property with one- and two-bedroom layouts and individually metered electricity.

    View details
    Renovated Multifamily Community in Nashville
    Renovated Multifamily Community in Nashville

    2425 Atrium Way, Nashville, TN 37214

    $15,375,000

    Newly renovated 123-unit multifamily community in Nashville, Tennessee.

    View details
    Mixed-Use Redevelopment Assemblage
    Mixed-Use Redevelopment Assemblage

    4211 Murfreesboro Pike, La Vergne, TN 37086

    Contact for pricing

    Metro-approved plans call for four apartment buildings with 88 residential units plus retail development and road connections.

    View details

    Lebanon, TN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Lebanon, TN on our real estate platform.

    Sale prices for apartment complexes in Lebanon, TN average $5,725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 73K
    Population Growth (5Y) +18.3%
    Median Household Income $81,975
    College Educated 27.7%

    High-Yield Neighborhoods for Investment

    Identify Lebanon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37087 $5.7M

    Taxes & Financing

    Tax Rate (average for all types) 2.58%
    Property Tax per SF $64.66 per SF
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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