111 Oak St Lot Clarksville, TN 37042
- Commercial real estate
- 1,425 SF
- 0.54 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 111 Oak St Lot
- Year built
- 2025
- Lot size
- 0.54 lot acres
- Property size
- 1,425 SF
- Property type
- Commercial real estate
Description
This exceptional Class A, new construction apartment building presents a remarkable investment opportunity in Clarksville, Tennessee. Located at 111 Oak St Lot Bldg A, this 2-story triplex boasts a total of 1,425 square feet, spread across three units. Each unit features three bedrooms and 2.5 bathrooms, offering comfortable and spacious living arrangements for tenants. Built in 2025, the property sits on a 0.54-acre lot and is zoned R-4, allowing for a variety of potential uses. The asking price is $650,000, translating to a price per square foot of $456. Its prime location offers convenient access to Austin Peay State University (APSU), Fort Campbell, and downtown Clarksville, ensuring high occupancy rates and strong rental income potential. The property's proximity to Trice Landing & Park adds to its appeal. This is a presold opportunity, with construction commencing once all four buildings in the project are under contract. This represents a unique chance to acquire a high-quality, income-generating asset in a thriving market. The property's modern design and desirable location make it an ideal investment for both seasoned investors and those seeking to diversify their portfolio. Note that sample pictures and video shown are from a similar project at 156 Excell Rd. Tours are available upon acceptance of an offer.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clarksville
- County
- Montgomery
- State
- Tennessee
- Longitude
- -87.4405786
- Latitude
- 36.5604306
