University Pointe Multifamily
1238 Sloan St Murfreesboro, TN 37130
1238 Sloan St, Murfreesboro, TN, 37130
$6,750,000
For Sale
$6,750,000
75-bed multifamily property near Middle Tennessee State University.
Lot Size1.60 Acres
Days on Market111
Property Features for 1238 Sloan St
General Information
- Standard status
- Active
- Lot size
- 1.60 Acres
- Property subtype
- Multifamily
Listing agency
Nashville Office
(615) 997-2853
Listed by
Patrick Cosgrove · License #License(s): TN: 341774
(615) 997-2853
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 10 at 1:14PM Checked: Jul 21 at 3:07AM
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Investment Insights
Based on property information with market context.
University Pointe Apartments, located in Murfreesboro, TN, is a 75-bed multifamily property with a ground-floor commercial space. Situated adjacent to Middle Tennessee State University, this property presents a value-add investment opportunity in Middle Tennessee. Constructed in 2002, the asset comprises three buildings on a 1.6-acre site. The unit configurations feature three-bedroom layouts designed for by-the-bed leasing. The current tenant mix consists of approximately 25% students. Over the past 36 months, ownership has invested $112,084 in capital improvements, including full replacement of central HVAC systems and stair improvements on one building. The property includes individual electric metering, slab construction, on-site laundry facilities, and standard appliance packages. The property is suitable for multifamily investment with proximity to a major university.
Key Highlights
- Value‑add investment opportunity in Middle Tennessee.
- Located adjacent to Middle Tennessee State University.
- 75‑bed multifamily property with commercial space.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
University Pointe Apartments
Apartment Building
Tennessee Robotics Center
Training Center
A1 Goddess Collection
Cosmetic Store
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FAQs
What type of property is this?
Apartment building - 75-bed multifamily property near Middle Tennessee State University.
Where is this apartment building located?
The property is located at 1238 Sloan St Murfreesboro, TN.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Value‑add investment opportunity in Middle Tennessee.; Located adjacent to Middle Tennessee State University.; 75‑bed multifamily property with commercial space.
