Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$35,865,000
High-rise multifamily apartments
441 Needmore Rd Clarksville, TN 37040-6107
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-0004157
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2007
Total area
28,794 SF
Lot
10.38 ac (452,153 SF)
Zoning code
R-4
APN
032 08000 000
UPID
US80-0004157
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Parc at Clarksville Apartments Apartment Building Apartment Complex
-
Monica Rosado, RN Registered General Nurse
-
Birouz African Hair Braiding Hair Salon
-
Eric's painting Painting
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$35.87M
Owner & transaction history
Vaf2 Mack Nash Clark LLC · 3 yrs held
Vaf2 Mack Nash Clark LLC
since 2022
Last sale
$33.3M
7 recorded transactions
Zoning & alternative use
R-4 · Clarksville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clarksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarksville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$40,995,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$35.87M
Range $32.28M – $39.45M · ±10% · vs last sale $33.30M (Sep 21 2022)
Last sale anchor
$33.30M
Sep 21 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,246 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$252,604
Tax year 2023
Assessed value
$5,642,800
Assessed 2023
Previous assessed
$5,642,800
+0.0% YoY
Effective rate
4.48%
On assessed value
Land market value
$305,400
Improvement market value
$13,801,600
Total market value
$14,107,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2007
Heating
YES
Cooling
YES
Buildings
7
Stories
3
Bathrooms
32
Total area
28,794 SF
Lot
10.38 ac (452,153 SF)
Zoning code
R-4
APN
032 08000 000
UPID
US80-0004157
Jurisdiction
MONTGOMERY
Zoning & alternative use
R-4 · Clarksville, TN
Zoning R-4 · permitted uses
R-4 · Clarksville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clarksville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
YES
Cooling
Yes
Stories
3
Buildings
7
Bathrooms
32
Lot
10.38 ac
Current owner
From public records · entity-resolved
Vaf2 Mack Nash Clark LLC
Entity
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2022
$33,300,000
Vaf2 Mack Nash Clark LLC
Parc At Clarksville LP
Special Warranty Deed
$22,325,000 · Capital One Bank NA
Mar 22, 2013
—
Parc At Clarksville LP
—
Deed Of Trust
related
$13,407,300 · Centennial Mortgage
Jul 6, 2006
—
Parc At Clarksville
T Clarksville INC
Quit Claim Deed
related
$13,407,300 · Deutsche Bk Berkshire Mtg
May 3, 2006
$540,800
T Clarksville INC
Morris,todd E
Warranty Deed
—
Jan 24, 2005
$40,000
Morris,todd E
Stokes,w J
Grant Deed
—
Jan 21, 2005
$243,000
Morris,todd E
Stokes,w J
Grant Deed
$217,600 · Cumberland Bk
Jun 24, 1999
$181,000
Wj Stokes
Hall,dorothy T
Grant Deed
—
—
—
Parc At Clarksville LP
—
Loan Modification
related
$13,407 · Centennial Mtg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 441 Needmore Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
