3350 Allen RdClarksville, TN 37042

Property Details for 3350 Allen Rd

Year built

2023

Lot size

21.10 AC

Property size (Sq ft)

2,016 SF

Property type

Specialty properties

Property subtype

Other specialty properties

APN

006L N 00100 00003006L

APU

006LN0010000003006L

Description

Exceptional investment opportunity: The Villas at Charleston Oaks, a Class A, 114-unit apartment complex in Clarksville, TN, is offered at $38,500,000. This multifamily property boasts 173 additional pads ready for development, situated on 26.1 acres at a signalized intersection with high daily traffic volume (over 31,000 vehicles). The existing 114 units, built in 2023, feature a single, spacious 3-bedroom, 3.5-bathroom floor plan (approximately 1,500 sq ft each) with a 1-car garage and currently enjoy an 88% occupancy rate. Amenities include a 6,000 sq ft clubhouse with a fitness center and a completed pool. The property is zoned C2 and benefits from its proximity to Fort Campbell Army Post. The sale price reflects the existing 114 units and the 173 prepared pads

• Alternative Use

  Use

  Valuation

  Residential

  $398,633

  Hospitality

  $365,146

  Educational

  $303,797

  Medical

  $314,245

  Retail

  $472,573

Location Insight

City

Clarksville

County

Montgomery

State

Tennessee

Latitude

36.6323

Longitude

-87.3911

CBSA code

17300

CBSA name

CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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