Courtesy: SVN Accel Commercial Real Estate
615-671-4544
SVN Accel Commercial Real Estate is proud to present Vanleer Apartments, a 10-unit multifamily investment located in the heart of Vanleer, Tennessee. This well-maintained asset offers a diverse unit mix of nine one-bedroom, one-bath units and one two-bedroom, one-bath unit, each with functional layouts and full kitchens. The property operates on a weekly rent collection model under annual lease agreements, providing investors with consistent cash flow and long-term tenancy. Occupancy remains at 100%, supported by strong workforce housing demand from surrounding employment hubs in Dickson, Charlotte, and Burns. This deal is currently operating at a 7% cap rate. Strategically located along Highway 49 W, Vanleer Apartments benefits from excellent visibility and accessibility while maintaining a quiet small-town atmosphere. With opportunity for rent growth through light renovations and professional management, this property offers a compelling value-add investment in an expanding submarket. This can be bought as a portfolio of 27 units or separately. MLS #s 3041735, 3041741, 3041742, 3041745 Highlights: 10 total units (nine 1BR/1BA, one 2BR/1BA) 100% occupied; weekly rent collection with annual leases Steady workforce tenant base Reliable income and low turnover Accessible to Dickson and Charlotte
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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Vanleer is located in Tennessee. Vanleer, Tennessee has a population of 538. Vanleer is more family-centric than the surrounding county with 30.33% of the households containing married families with children. The county average for households married with children is 29.43%.
The median household income in Vanleer, Tennessee is $43,125. The median household income for the surrounding county is $61,388 compared to the national median of $69,021. The median age of people living in Vanleer is 39.6 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 26.2 degrees. The average rainfall is approximately 53.5 inches per year, with 2.3 inches of snow per year.
