162 Condor Ct, Clarksville, TN 37042
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162 Condor Ct, Clarksville, TN 37042
162 Condor Ct, Clarksville, TN 37042
162 Condor Ct, Clarksville, TN 37042
162 Condor Ct, Clarksville, TN 37042
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Listed by Samantha Kellett • Blue Cord Realty, LLC
$ 3,950,000
Est. payment /mo
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Active Under Contract

162 Condor Ct Clarksville, TN 37042

32,505 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 32,505 sqft

Price per Sqft $121

Subdivision Evans Kimmel K Prop

MLS Listing ID 3205945

HOA Y/N No

Year Built 1988

Annual Tax Amount $35,882

Property Description

Exceptional opportunity to acquire a 45-unit multifamily investment property in the rapidly growing Clarksville market, just minutes from Fort Campbell, Austin Peay State University, shopping, dining, and major commuter routes. Situated on approximately 2.6 acres, this diverse multifamily asset offers an attractive mix of unit types including 23 studio units, 7 one-bedroom/one bathroom units, 3 two-bedroom/one full bathroom/one half bathroom townhome-style units, 10 two-bedroom/two bathroom units and 2 spacious three-bedroom/two full bathroom/one half bathroom units. Unit sizes range from approximately 298 square feet to nearly 1,600 square feet, allowing the property to appeal to a wide variety of tenants and rental price points.

The property consists of multiple residential-style buildings constructed between 1988 and 2013 and features a combination of apartment and townhome-style living. Community amenities and property features include patios, decks, ample parking, public utilities, and a well-positioned location within an established multifamily corridor.

With more than 32,000 square feet of improvements and R-4 multifamily zoning, this property presents a compelling investment opportunity for buyers seeking scale, strong rental demand, and long-term upside in one of Middle Tennessee's fastest-growing rental markets. Convenient access to Fort Campbell and major employment corridors continues to support consistent occupancy and tenant demand in the area. Additionally, the site offers future value-add potential through community-oriented improvements such as dog parks, playground areas, outdoor gathering spaces, picnic or grilling areas, and a community pavilion concept designed to further enhance tenant experience and long-term asset value. PLEASE DO NOT DISTURB TENANTS. Co-listed with Pat Cosgrove of Marcus & Millichap.

Location

State TN

County Montgomery County

Zoning R4

Interior

Heating Central, Electric, Other

Cooling Ceiling Fan(s), Central Air, Electric, Other, Wall/Window Unit(s)

Flooring Carpet, Tile, Vinyl

Fireplace N

Exterior

Garage Spaces 3.0

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Shingle

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding

New Construction false

Schools

Elementary Schools Ringgold Elementary

Middle Schools West Creek Middle

High Schools Northwest High School

Others

Senior Community false

Special Listing Condition Standard


RealTracs IDX

Nearby Locations

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