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Tullahoma Townhome Community For Sale
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156 Silver St, Tullahoma, TN 37388

Class A, 16-unit townhome community built in 2018.

Property Size18,480 SF
Lot Size1.19 Acres
Price / SF$137.99
Days on Market160

Property Features for 156 Silver St

General Information

Standard status Active
Size 18,480 SF
Class A
Lot size 1.19 Acres
Property subtype Multifamily
Occupancy 94%
Investment Type Stabilized
Net Operating Income $154,000

Building Details

Year Built 2018
Buildings 2
Stories 2
Units 16
Listing Agency: Residential Investment Advisors LLC
Listed By: Landon Hoffman · License #TN351463
Source: Crexi
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 12 at 10:54AM

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 Residential Investment Advisors LLC

Investment Insights

Based on property information with market context.

Lenox Townhomes is a Class A, 16-unit townhome community located in Tullahoma, Tennessee. Constructed in 2018, the property comprises two buildings with a total area of approximately 18,480 square feet, situated on 1.19 acres. The community includes sixteen 2-bedroom, 2.5-bath townhomes, each offering approximately 1,155 square feet of living space. Interior features consist of granite countertops, stainless steel appliances, LVP flooring on the main level, carpet upstairs, and in-unit washers and dryers that transfer with the sale.

Key Highlights

  • Class A, 16‑unit townhome community built in 2018.
  • Spacious 2‑bedroom, 2.5‑bath townhomes (approx. 1,155 sq ft).
  • Granite countertops and stainless steel appliances.

Property Analytics

Current Use

Cooking in Faith & Confidence ... Marketing & Advertising Lenox Townhomes Apartment Complex

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Auto Repair Shop Auto Parts Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

Demographics for 37388, TN

26,352
Population
11,871
Households
2.2
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
117.9 sq mi
ZIP Area
224
Density / Sq Mi
$59,892
Median Household Income
$37,452
Median Earnings
$856
Median Rent
$230,900
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 - Class A, 16-unit townhome community built in 2018.
Where is this apartment building located?
The property is located at 156 Silver St Tullahoma, TN.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Class A, 16‑unit townhome community built in 2018.; Spacious 2‑bedroom, 2.5‑bath townhomes (approx. 1,155 sq ft).; Granite countertops and stainless steel appliances.
More about this property
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