49-Unit Apartment
120 West End Heights, Lebanon, TN 37087
For Sale
Contact for pricing
The sale includes a neighboring rental house alongside the apartment units.
Property SizeContact for details
Days on Market12
Property Features for 120 West End Heights
General Information
Standard status
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Patrick Cosgrove · License TN #341774
(615) 997-2853
Source:
Crexi
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 12 at 7:11AM
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
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Investment Insights
Based on property information with market context.
The Lebanon property comprises 49 apartments, each with two bedrooms and one bathroom, plus a neighboring single-family rental with three bedrooms and 1.5 bathrooms. Improvements include replacement roofs and windows, a renewed parking lot, drainage work, and renovated apartment interiors. The stated Day One cash-on-cash return is 8.75%.
Located at 120 West End Heights in Lebanon, Tennessee, the community is described as being close to Interstate 40, major employers, and retail amenities. The offering includes both the apartment community and the adjacent rental house.
Located at 120 West End Heights in Lebanon, Tennessee, the community is described as being close to Interstate 40, major employers, and retail amenities. The offering includes both the apartment community and the adjacent rental house.
Key Highlights
- 49 apartments, all configured with two bedrooms and one bathroom
- Includes a neighboring three‑bedroom, 1.5‑bathroom rental home
- New roofs and replacement windows across the buildings
Property Analytics
Who owns this building?
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Lease Details
49
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
824
Businesses Nearby
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Business Placement
Demographics for 37087, TN
51,658
Population
21,800
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
164.9 sq mi
ZIP Area
313
Density / Sq Mi
$80,978
Median Household Income
$43,253
Median Earnings
$1,134
Median Rent
$359,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The sale includes a neighboring rental house alongside the apartment units.
Where is this apartment building located?
The property is located at 120 West End Heights Lebanon, TN.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 49 apartments, all configured with two bedrooms and one bathroom; Includes a neighboring three‑bedroom, 1.5‑bathroom rental home; New roofs and replacement windows across the buildings
