109 Turner St, Ashland City, TN 37015
- $600,000
- 3,436
- SqFt
- List Price
- $600,000
- MLS#
- 3514630
- Days on Market
- 0
- Property Type
- Multifamily
- Sqft. of Residence
- 3,436
- County
- Cheatham County
- Status
- COMING SOON / HOLD
Property Description
16-Unit Ashland City Investment Portfolio Rare opportunity to acquire a 16-unit residential investment portfolio across 5 buildings in Ashland City for $2,300,000 — approximately $143,750 per unit. With area apartment rents generally ranging from approximately $1,200–$1,600 per month, this portfolio offers strong income potential, immediate scale, and long-term upside in the growing Middle Tennessee market. At those rental levels, 16 units could generate approximately $19,200–$25,600 per month, or $230,400–$307,200 annually in gross rental income, depending on occupancy, unit mix, and achieved rents. The portfolio includes properties located on Turner Street, Tucker Street, and Stratton Boulevard, allowing an investor to acquire multiple income-producing assets in one transaction while diversifying income across several buildings. Highlights include 16 total units, 5 buildings, an attractive price per door, potential for rent growth, and the opportunity to expand an investment portfolio without assembling properties one at a time. Conveniently located in Ashland City with access to Nashville and the continued growth of Middle Tennessee, this offering presents a compelling opportunity for investors seeking scale, cash-flow potential, appreciation, and future value-add opportunities.
Additional Information
- Construction Type
- Brick
- Cooling System
- Central Air
- Elementary School
- Ashland City Elementary
- Floor Types
- Laminate
- Heating System
- Central
- High School
- Cheatham Co Central
- Junior High School
- Cheatham Middle School
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Living Area
- 3,436
- Number Of Stories
- 2
- Sewer System
- Public Sewer
- Tax Amount
- $3,424
- Water Source
- Public
- Year Built
- 1985
- Zoning
- Commercial
- Type
- Multifamily
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Listing courtesy of Onward Real Estate.
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