Snowball Ln Clarksville, TN 37042
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 0 Snowball Ln
- Property type
- Residential income homes
Description
This exceptional investment opportunity encompasses a portfolio of 34 meticulously maintained single-family residences situated in Clarksville, Tennessee, a rapidly growing region. The portfolio comprises 18 properties leased to long-term tenants, generating a gross monthly rent of $30,700, and 16 properties utilized as short-term rentals, yielding approximately $800,000 in annual revenue. This diverse rental income stream offers significant potential for strong returns. Located within a 20-minute radius of Clarksville's thriving community, the properties benefit from their proximity to Fort Campbell, the second-largest U.S. military base, employing over 30,000 active-duty personnel and housing over 70,000 retired veterans, ensuring a robust tenant pool. Each of the 34 two-story buildings houses a single unit. The asking price for this portfolio is $10,700,000, representing a price per unit of $314,705.88. Seller financing options are available, making this an attractive proposition for discerning investors. The properties are located on Snowball Ln, Clarksville, Montgomery County, TN 37042.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Montgomery
- State
- Tennessee
- Longitude
- -87.3807
- Latitude
- 36.6255
