Strawberry Alley Lofts — Sale in Clarksville, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Clarksville, TN 37040

Photos

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Investment Figures

Cap rate
7.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap has been selected to exclusively market the Strawberry Alley Lofts in downtown Clarksville, TN. This offering provides investors the opportunity to acquire a rare value-add mixed-use asset in one of Tennessee’s fastest-growing cities. 125 Franklin Street is a mixed-use property located in the core of downtown Clarksville, combining stabilized residential income with commercial upside. The asset features a fully built-out restaurant space, an additional storefront along Strawberry Alley, and four leased residential units, providing diversified and immediate cash flow. Its prime downtown location benefits from strong foot traffic and proximity to Austin Peay State University and F&M Bank Arena. The property offers a clear opportunity to enhance income through commercial leasing and continued rent growth in one of the city’s most active corridors. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. At no point should tenants or staff be contacted regarding the sale of the Strawberry Alley Lofts. Investment Highlights: • Mixed-use asset in downtown Clarksville with both commercial and residential income • Fully built out restaurant space in place with bar and high-capacity layout • An additional storefront along Strawberry Alley provides a second commercial revenue stream • Four fully furnished residential units with in-place cash flow • A diversified income stream reduces reliance on any single tenant type • Located in the core of downtown with strong foot traffic and visibility

Market Context

This multifamily in Clarksville, TN is listed for sale. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Clarksville, TN — view the full market.

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