DND Apartments | 5608 Hwy 48 N, Dickson, TN | 5 Units

Highlights:

• Highlights:
• 5 total units (4 duplex units + 1 single-family home)
• Fully occupied; weekly rent collection under annual leases
• Excellent visibility along Hwy 48 N
• Proven workforce housing demand
• Cash-flowing with value-add potential

Description:

SVN | Accel Commercial Real Estate presents DND Apartments, a 5-unit multifamily property strategically positioned in the high-growth city of Dickson, Tennessee. The property includes two front duplexes with two-bedroom, one-bath layouts and a rear single-family home offering a similar configuration.

All units are leased annually with weekly rent collection, producing consistent income and operational flexibility. This deal is currently operating at a 7% cap rate. DND Apartments maintains strong occupancy and reliable rent performance, supported by steady workforce housing demand and close proximity to Dickson’s retail, schools, and employment centers.
This property provides immediate, stable returns with potential for value-add improvements through light interior renovations and management optimization. This can be bought as a portfolio of 27 units or separately. MLS #s 3041735, 3041741, 3041742, 3041745

Immerse yourself in the vibrant community of Dickson, TN, where the property is situated amidst a thriving commercial and cultural hub. Within close proximity, the revered Renaissance Center offers a wealth of artistic and educational opportunities, enriching the area's cultural landscape. Moments away, the historic Downtown Dickson district provides a charming blend of local boutiques, dining establishments, and entertainment venues, creating a lively and dynamic atmosphere for both professionals and visitors. The property benefits from its strategic location near major transportation arteries, allowing for convenient accessibility and seamless connectivity. For office building investors seeking a dynamic and bustling locale to establish their next venture, the allure of Dickson's diverse offerings and central position cannot be overlooked. Embrace the potential of this vibrant community for your next office investment endeavor.

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