Address: Franklin Meadows, 1219 Snowball Ln, Clarksville, TN 37042, USA
Created date: February 20, 2024
Date last updated: May 30, 2024
- 15 properties with long-term tenants in place
- 19 short-term rentals
Property Description
Here is the opportunity to own a portfolio of 34 Single Family Residences in one of the fastest growing regions in Tennessee. These properties have been professionally managed and well maintained. The owner took pride in providing quality housing to the demanding short term rental audience and long-term tenants as well. This entire portfolio is within a 20 min radius. The Clarksville community boasts a robust economic climate with a strong community feel and highly rated school system. All homes are in close proximity to the second largest US Military base known as Ft Campbell. The base employs more than 30,000 active-duty military personnel, not to mention the 70,000+ retired veterans who have remained in the area.
Currently, there are fifteen (15) properties operating with long-term tenants in place, generating gross rents of $25,000 per month. There are nineteen (19) short-term rentals, generating approximately $800,000 per year. All homes are in excellent condition.