Courtesy: SVN Accel Commercial Real Estate
615-671-4544
SVN Accel Commercial Real Estate proudly presents The Meadows, a 6-unit multifamily property located along Hwy 48 N in Nunnelly, Tennessee. The front building features four identical one-bedroom, one-bath units and one slightly modified layout (Unit 5), while the detached rear home (Unit 6) offers a two-bedroom, one-bath configuration. All units are rented weekly under annual leases, offering both consistent cash flow and long-term stability. This deal is currently operating at a 7% cap rate. The property attracts reliable tenants seeking affordable housing in a peaceful, rural environment within close proximity to Dickson and Centerville. With proven performance, strong occupancy, and upside through modest upgrades, The Meadows provides investors a turnkey, cash-flowing asset with potential for rent growth. This can be bought as a portfolio of 27 units or separately. MLS #s 3041735, 3041741, 3041742, 3041745 Highlights: 6 total units (mix of 1BR/1BA and 2BR/1BA) Fully occupied; weekly rent payments under annual leases Detached 2BR home for rental diversity Peaceful rural setting with Hwy 48 frontage Reliable tenant base and stable returns
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Nunnelly is located in Tennessee. Nunnelly, Tennessee has a population of 3,175. Nunnelly is less family-centric than the surrounding county with 17.29% of the households containing married families with children. The county average for households married with children is 24.74%.
The median household income in Nunnelly, Tennessee is $35,630. The median household income for the surrounding county is $48,527 compared to the national median of $69,021. The median age of people living in Nunnelly is 54.4 years.
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 25.8 degrees. The average rainfall is approximately 53.1 inches per year, with 2.1 inches of snow per year.
