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Maple Cottage Transitions

$1,400,000

711 Halltown Road, Portland, TN 37148

Active
Last Updated: 05/19/2025

6.7

Cap Rate

9,004 sqft

Building Size

Details:
Cap Rate:    6.7%
Building Size:    9,004 sqft
Lot Area:    5.01 acres
Occupancy:    81%
Year Built:    1993
Zoning:    Commercial
Floors:    1
Description:

Maple Cottage Transitions is situated in a high-income area of Portland, Tennessee,
offering an excellent investment opportunity within the thriving Nashville Metropolitan
Statistical Area (MSA). As part of Sumner County, this location benefits from steady
population growth, strong economic development, and increasing demand for senior care
services.


The surrounding neighborhood has seen significant home value appreciation in recent
years, reflecting the area's desirability and economic strength. This upward trend not only
signals a growing affluent population but also supports premium pricing for senior living
services, including assisted living and memory care.

Additionally, Portland's proximity to Nashville—one of the fastest-growing metro areas in
the U.S.—enhances its appeal for investors looking to capitalize on long-term market
stability and expansion in the senior housing sector. With a competitive landscape that
includes limited nearby memory care options, this facility is well-positioned to attract
residents seeking high-quality senior living accommodations


Capital Improvements completed:

FOYER/ENTRY

Paint outdoor brick in front
Paint foyer
LVP replacement flooring
Update lighting fixture
Replace furniture & art
Replace ceiling boards

Guest/ Visitor Bathroom

Paint
Replace vanity with sink/toilet
Replace lighting fixture
Replace mirror
LVP replacement flooring

STAFF BATHROOM

Remove existing bathtub
Replace sink/toilet
Replace lighting fixture
Replace flooring
Paint

IMPROVE KITCHEN FUNCTIONALITY

Replace current cooktop with induction
Electrical rewireing
Reconfigure upper cabinets and shelving
Replace HVAC
Replace portable center island
Paint walls

COMMON AREAS

Replace glass in windows with compromised R-factor and
vRiseipblialictye current blinds with plantation shutters in dining room
Paint (hallways & common areas)
Repair B Hall air handler
Replace call system
Install security cameras
Replace hallway lighting throughout
Replace small # of damaged ceiling tiles
Library wall replacement of hardware and paint
Replace dated/damaged furniture
Replace dated/damaged artwork and misc. household

OFFICES & CONFERENCE ROOM

Paint
Replace PTAC unit
Replace lighting fixtures
Replace windows

LAUNDRY ROOM

Replace damaged shelving (including drywall repair)
Paint
Replace utility sink
Repair/replace appliances

RESIDENT ROOMS; 13 SINGLE, 4 DOUBLE (17 TOTAL UNITS)

LVP replacement flooring
Paint
Replace sinks/toilets
Replace PTAC units
Window treatments
Replace lighting fixture
Replace bathroom mirrors/shelving

EXTERIOR

Landscape design
Landscape replacement
Roof repair (Septebmer 2024)
Reseal and stripe parking

BACK PORCH

Replace back patio carpeting
Replace/repair/upgrade patio furniture
Paint back door
Replace back door hardware
Replace light fixtures

REPAIR/UPGRADE FIRE SUPPRESSION SYSTEM

Flush system
Replace damaged pipes
Replace siding in porte cochere

SEPTIC SYSTEM

Annual maintennace
Replace damaged pump
Replace damaged pump eletric pannel

Map:
Location
Gallery