1219S Snowball Lane Clarksville, TN $ 12,000,000
1219S Snowball Lane
$ 12,000,000
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1219S Snowball Lane

Clarksville, TN, 37042
$ 12,000,000
Bedrooms6 Baths5.0 Sq 1,800

Monthly Estimate*

$ 83,824

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Multi-Family Home for sale in Clarksville, TN

for $12,000,000 with 6 bedrooms and 5 full baths. This 1,800 square foot home was built in 2014.

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 boast 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. This 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.

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Multi-Family Active

Price

$ 12,000,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 1,244

Style

Multi Family

Year Built

2014

Town/City

Clarksville

County/Region

Montgomery

MLS | Web ID

2620939

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available
Possession Immediate
Zoning Resident
Garage Spaces 2
Construction Materials Other
Year Built 2014
Stories 2
Levels One
Gross Income 1002700
County Montgomery County TN
Net Operating Income 512700
Operating Expense 490000
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Franklin Meadows
Garage Y/N Y
Status Active
Buyer Financing Conventional FHA Other
Directions Take Screaming Eagle Blvd and Tiny Town Rd to Franklin Meadows Way in Clarksville. Use the left 2 lanes to turn left onto Tiny Town Rd.Take Allmon Dr to Snowball Ln Turn right onto Franklin Meadows W
High School West Creek High
City Clarksville
View Y/N N
Total Units 34
Waterfront Y/N N
Carport Y/N N
Street Name Snowball Lane
Elementary School Barkers Mill Elementary
Property Attached Y/N Y
Year Built Details EXIST
Tax Annual Amount 1244
Middle/Junior High School West Creek Middle
Days on Market 15
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 3552
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Interior
Flooring Carpet Other
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1800
Full Baths 0
Half Baths 0
Total Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
Total Baths 0
Living Area Units Square Feet
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Exterior
Parking Features Unassigned
Water Source Public
Total Parking 2
Inclusions APPLN
Building Area Total 1800
Lot Size Units Acres
Covered Spaces 2
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Internal Only
Street Number 1 1219
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* Excluded Features
List By
Svn Accel Commercial Real Estate

Broker

LCarter@accelcre.com

Email

Affordability Calculator

$83,927
Per Month
100%
0%
0%
Monthly Principal & Interest
$83,824
Monthly Property Taxes
$104
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
244499 Elementary School
4313319 Middle School
West Creek High High School
Pricing History
DatePricePrice ChangeDescription
2/19/2024$12,000,000 Listed Price

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1219S Snowball Lane, Clarksville, TN, 37042 is a Multi-Family Home for sale at $12,000,000 with 1,800 sqft. 1219S Snowball Lane has 6 bedrooms, 5.0 baths, and was built in 2014. The property's zip code is 37042 which is in Clarksville, TN