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16-Unit Townhome Apartment Complex
For Sale
$4,000,000

122 W Broad St, Smithville, TN 37166

Recently built rental community with three-bedroom layouts, updated kitchens, and integrated pantry-laundry rooms.

Property Size25,536 SF
Price / SF$156.64
Days on Market605

Property Features for 122 W Broad St

General Information

Standard status Active
Size 25,536 SF
Property subtype Residential Income

Additional Details

Multifamily Units 16

Building Details

Year Built 2022
Listing Agency: Mid Ten Realty
Listed By: Michael (Woody) Woodard 6154892134 · License #343160
Source: Sumnercountyhomelistings
Added: Jan 3, 2025 Changed: Aug 28 Last Checked: Aug 30 at 5:55PM

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 Mid Ten Realty

Investment Insights

Based on property information with market context.

Located at 122 W Broad St in Smithville, this 16-unit townhome apartment complex was built in 2022 and contains 25,536 square feet. Each residence offers three bedrooms, 2.5 bathrooms, and over 1,500 sq. ft. of living space. Interior features include kitchens with granite countertops and substantial cabinet storage, along with a pantry and laundry room.

The property is positioned in Smithville with access to local amenities and a short drive to nearby cities. Its townhome-style configuration and consistent unit layouts provide a clearly defined multifamily asset with modern construction and residential-scale interiors.

Key Highlights

  • 16‑unit townhome apartment complex at 122 W Broad St, Smithville, TN 37166
  • 25,536 square feet; built in 2022
  • Each unit includes 3 bedrooms and 2.5 bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Storage Facility Kitchen & Bath Showroom Skin Care Clinic Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 37166, TN

14,379
Population
7,199
Households
2
Avg Household Size
42
Median Age
18%
College-Educated
81%
High-School Grad
154.6 sq mi
ZIP Area
93
Density / Sq Mi
$46,713
Median Household Income
$35,640
Median Earnings
$768
Median Rent
$183,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Recently built rental community with three-bedroom layouts, updated kitchens, and integrated pantry-laundry rooms.
Where is this apartment building located?
The property is located at 122 W Broad St Smithville, TN.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 16‑unit townhome apartment complex at 122 W Broad St, Smithville, TN 37166; 25,536 square feet; built in 2022; Each unit includes 3 bedrooms and 2.5 bathrooms
More about this property
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