3350 Allen Rd Clarksville, TN 37042-3487
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
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Delaney’s Apartment Apartment Building
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The Villas at Charleston Oaks Townhouse Complex
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
No recorded transactions found for this property.
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.