1531 E Knollwood Cir - 5 Units
$599,900
1531 E Knollwood Cir, Clarksville, TN 37043
5.57
Cap Rate
4,368 sqft
Building Size
Details:
Description:
Five-unit, two-story all-brick townhome building in Knollwood Hills. 4,368 SF; all units 2 BR / 1.5 BA with washer and dryer included. Each unit is separately metered and tenants pay their own utilities. Currently 4 of 5 units leased at $825-$875/mo ($3,400/mo in place); the fifth unit is being re-leased, for $4,250/mo ($51,000/yr) at full occupancy. Recent capital improvements in Unit A: full HVAC replaced Nov 2025 and new water heater May 2025. Interiors in original condition, offering renovation upside. Professionally managed by PMI Clarksville. Zoned R-4, Flood Zone X. Minutes from Fort Campbell, Austin Peay State University and downtown Clarksville. Rent roll and operating statements available to qualified buyers. Buyer to verify all information.
Location
Gallery
