Portland Multifamily Portfolio
For Sale
Contact for pricing
102 Fireside Dr, Portland, TN 37148
Two-property, 26-unit portfolio in Portland, TN near Nashville.
Property SizeContact for details
Days on Market201
Property Features for 102 Fireside Dr
General Information
Standard status
Active
Class
B
Property subtype
Multifamily
Investment Type
Value Add
Net Operating Income
$204,848
Building Details
Year Built
1986
Buildings
5
Stories
2
Units
26
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Patrick Cosgrove · License #TN 341774
Source:
Crexi
Added: Feb 2
Changed: Aug 8
Last Checked: Aug 8 at 6:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
This portfolio offers the opportunity to acquire two properties located in Portland, TN, within the Nashville MSA. The portfolio comprises 26 units across two communities. The property at 102 Fireside features a mix of one- and two-bedroom units. Select units include in-unit laundry connections, and there is also an on-site laundry facility. Utilities are individually metered, and 16 out of 18 units have been renovated. The property at 123 Old Westmoreland consists of 8 two-bedroom townhomes with in-unit laundry connections and central HVAC. Utility bill-backs are in place, and 3 units have been renovated. Portland's economy is experiencing growth due to investments such as Shoals Technologies Group's expansion and Troax Group's new facility. This growth supports renter demand, reinforced by the city's proximity to Nashville and Clarksville.
Key Highlights
- Value‑add portfolio opportunity in the Nashville MSA.
- Two‑property portfolio totaling 26 units in Portland, TN.
- Strong renter demand driven by Portland's growing industrial base and proximity to Nashville and Clarksville.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 37148, TN
25,318
Population
9,919
Households
2.6
Avg Household Size
38
Median Age
14%
College-Educated
88%
High-School Grad
131.9 sq mi
ZIP Area
192
Density / Sq Mi
$77,684
Median Household Income
$39,949
Median Earnings
$1,082
Median Rent
$273,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-property, 26-unit portfolio in Portland, TN near Nashville.
Where is this apartment building located?
The property is located at 102 Fireside Dr Portland, TN.
What is the asking price?
The asking price for this property is $3,025,000.
What are key features of this property?
This property features: Value‑add portfolio opportunity in the Nashville MSA.; Two‑property portfolio totaling 26 units in Portland, TN.; Strong renter demand driven by Portland's growing industrial base and proximity to Nashville and Clarksville.
