This building of 7 units is part of a 5 building project to include 35 units that can be purchased in its entirety.
10 Unit Apartment Complex in Clarksville! A lot of upgrades have been made to each building including new plumbing, new siding, renovating the units as they have turned over, new laundry building (remodeled). $5,780 monthly income with two vacant units currently for rent for $795. There is the opportunity to make the tenants pay their own electric as well. Water is master metered. Some of the units have been renovated, others are existing with good paying tenants. There is still value to add in this complex. Sale includes both 701 and 685 Cumberland dr.
Clarksville is located in Tennessee. Clarksville, Tennessee has a population of 163,518. Clarksville is less family-centric than the surrounding county with 35.28% of the households containing married families with children. The county average for households married with children is 35.38%.
The median household income in Clarksville, Tennessee is $58,838. The median household income for the surrounding county is $63,768 compared to the national median of $69,021. The median age of people living in Clarksville is 30 years.
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 51 inches per year, with 4.7 inches of snow per year.