The Flats Off Madison

The Flats Off Madison

Clarksville, TN
Available
  • Property Type: Apartments
  • Year Built : 1965/2021
  • Property Size: 64,420 SF / 84 Units

Overview

Capstone Apartment Partners is pleased to present The Flats Off Madison, a unique opportunity to acquire an exceptionally repositioned, 84-unit asset located in Clarksville, Tennessee. Current ownership has invested over $6.7 million to fundamentally transform the property into the premier multi-family asset in Clarksville. Renovated down to the studs, this Class A community sets the standard with top-of-the-market finishes, an attractive modern curb appeal, and a brand-new state-of-the-art amenity package. The Flats Off Madison is well-positioned to capitalize on the explosive rent growth in the Clarksville market, which grew by 10% last year, while vacancy has fallen to historical lows. The asset is truly turn-key with no deferred maintenance, providing new ownership the opportunity to capitalize on the property’s unique competitive advantages for years to come.  

Investment Highlights

Pre-Leased at 81%

Complete Class A Repositioning

Brand-New, Top-of-The-Market Amenity Package & Modern Curb Appeal

Robust Clarksville Multi-Family Market

Exceptional Proximity to Retail & Entertainment

Contact Information

Tyler Mayo Investment Sales Advisor P: 662.386.1622
O: 800.746.3175 ext. 729
tyler@capstone-companies.com
Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 706
adam@capstone-companies.com
Jonathan Hawks Investment Sales Advisor P: 706.372.4177
O: 800.746.3175 ext. 717
j.hawks@capstone-companies.com
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