285 N Rutherford Blvd Murfreesboro, TN 37130
360-unit multifamily community in a rapidly growing Nashville submarket.
Source:
Nmrk
Listing Agent: Vince Lefler
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Repositioned Multifamily Community in Murfreesboro
Albion at Murfreesboro is a 360-unit multifamily community constructed in 2006. It is located in Murfreesboro, a fast-growing submarket of Nashville. The city has direct access to I-24 and I-840. Rutherford County has seen more than $2 billion in new investment and 30,000 jobs created in the last five years. Middle Tennessee State University (MTSU) is located nearby. The property underwent a full-scale repositioning, converting oversized 4-bedroom student housing units into a mix of studios, one-, two-, and three-bedroom apartments. The community features renovated interiors with stone countertops, stainless steel appliances, new flooring, modern lighting, and in-unit washers and dryers. Recent amenity upgrades include a fitness center, resident lounge, conference room, pet parks, and a resort-style pool with cabanas and outdoor kitchen. More than $2 million has been invested in exterior improvements. 48 classic units, representing 13% of the property, remain unrenovated.
Location Intelligence
Current Use by Public Records
Albion at Murfreesboro
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Murfreesboro
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.3538248
- Latitude
- 35.8430329
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 360-unit multifamily community in a rapidly growing Nashville submarket.
Where is this apartment building located?
The property is located at 285 N Rutherford Blvd Murfreesboro, TN.
What are key features of this property?
This property features: - Strategic location in rapidly growing Murfreesboro, benefiting from a 13% population increase since 2020.; - Repositioned with Renovated Interiors and Upgraded Amenities including stone countertops, stainless steel appliances, in-unit washers/dryers, a new fitness center, resident lounge, and resort-style pool.; - Value-Add Potential: 13% of units are unrenovated, offering a $190/unit premium upside.