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1238 Sloan St Murfreesboro, TN 37130

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For Sale
$6,750,000

75-bed multifamily property near Middle Tennessee State University.

Type:Multifamily
Lot size:
1.60 Acres
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:42 am

Property Features for 1238 Sloan St

General Information

Standard status
Active
Lot size
1.60 Acres
Property subtype
Multifamily

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Listing Contact
Patrick Cosgrove

Listing agent Patrick Cosgrove License #TN: 341774

Listing office Nashville Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 Nashville Office


Overview

University Pointe Multifamily Investment

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.
Location Intelligence

Current Use by Public Records

University Pointe Apartments Apartment Building Tennessee Robotics Center Training Center A1 Goddess Collection Cosmetic Store

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Murfreesboro
County
Rutherford
State
Tennessee
Longitude
-86.3712444
Latitude
35.8568542

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.
More about this property
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