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Listed price in listed location currency (USD).
$1,565,000

000

MLS® 3041741

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 6400 sqft
Garage No
Taxes $2,604
Days Active 32
Lot Size 
Approx. Age 1980
Avg. Price Per Sqft $244
MLS® Number 3041741

Property Address: 4819 Highway 49 W, Vanleer, TN, 37181-5424

Average square foot calculated using Size range provided by listing agent.

Description

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
MLS® Number3041741
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1980
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Negotiable

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 6, 2025List Date
$1,565,000List Price
  • Commute

Commute

Starting Address
Destination Address
4819 Highway 49 W, Vanleer, TN

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