100 Brookside Dr Clarksville, TN 37042-3193
This exceptional 16-unit apartment building, located at 100 Brookside Dr, Clarksville, TN 37042, presents a compelling investment opportunity. Built in 1976 and extensively renovated in 2019, the property boasts 9,152 square feet of net rentable space across a two-story building situated on a 0.63-acre lot. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $97,486, representing a 6.29% cap rate. Pro-forma NOI is projected at $107,458, yielding a 6.93% cap rate. The asking price is $1,550,000, or $96,875 per unit. The property features 26 parking spaces and is zoned R-4 Multifamily, allowing for flexibility. All units include washer/dryer hookups, and tenants are responsible for most utilities. Its convenient location near Fort Campbell Boulevard and downtown Clarksville, within a rapidly developing area, ensures strong tenant demand and future growth potential. The property's excellent condition, low turnover rate, and professional management history contribute to its exceptional investment profile. Buyer to verify all information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-4 · Clarksville, TNClarksville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.