155 Jack Miller Blvd, Clarksville, TN 37042

$2,750,000
20,646
SqFt

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List Price
$2,750,000
MLS#
3203471
Days on Market
82
Property Type
Multifamily
Sqft. of Residence
20,646
County
Montgomery County
Status
ACTIVE

Property Description

26 unit multifamily investment opportunity located just minutes from Fort Campbell in one of Clarksville’s strongest rental corridors. This apartment community offers highly desirable 2-bedroom floor plans designed for practical everyday living with functional layouts, spacious bathrooms featuring wall-to-wall vanities, washer and dryer connections, shower/tub combinations, and pet-friendly accommodations that continue to attract long-term tenant demand. The property’s location provides convenient access to Fort Campbell, major commuting routes, shopping, dining, and everyday amenities, making it an attractive option for both military and civilian tenants alike. Current leasing strategies include flexible 6-month lease options, promotional incentives, and strong occupancy appeal, creating an opportunity for continued revenue growth and tenant retention. This asset presents an excellent opportunity for investors seeking stabilized income with additional upside potential through operational improvements, rental growth, or future amenity enhancements such as the addition of a dog park, playground, outdoor gathering spaces, or other tenant-focused features designed to further increase resident satisfaction and long-term retention. The combination of affordability, functionality, and location creates consistent rental demand in a market that continues to experience strong population and employment growth. Whether expanding an existing portfolio or entering the Clarksville multifamily market, this property offers a compelling mix of cash flow potential, tenant appeal, and long-term investment stability in a rapidly growing area near the Tennessee/Kentucky border. Financial documents, rent rolls, and additional investment information will be available beginning Monday. Contact listing agent for access to financials, operating information, and showing procedures. PLEASE DO NOT BOTHER TENANTS. Co-listed with Pat Cosgrove of Marcus and Millichap.

Additional Information

Construction Type
Brick
Cooling System
Ceiling Fan(s), Central Air, Electric
Elementary School
Ringgold Elementary
Floor Types
Vinyl
Heating System
Central, Electric
High School
Northwest High School
Junior High School
West Creek Middle
Laundry
Individual, Electric Dryer Hookup, Washer Hookup
Living Area
20,646
Number Of Stories
3
Sewer System
Public Sewer
Subdivision
N/A
Tax Amount
$15,507
Water Source
Public
Year Built
1992
Zoning
R4
Type
Multifamily

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Calculator source: Real Geeks

Listing courtesy of Blue Cord Realty, LLC.

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