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Jackson Rental Portfolio

12 Speciality Properties Offered at £1,104,600 in Multiple Locations

Investment Highlights

  • 12 Total properties producing a monthly gross income of $14,410
  • New roofs on Chipwood Dr. (2018), Castle Heights (2020), and Landmark Loop (2023)
  • located in one of Tennessee's fastest growing markets

Executive Summary

Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/49957/jackson-tn-portfolio
Marcus & Millichap has been selected to exclusively market for sale the Jackson Rental Portfolio in Jackson, TN. This 12 property offering will allow potential investors to purchase a rare value-add opportunity located in one of Tennessee’s fastest growing markets, Jackson, TN.
This offering allows potential investors to garner a lucrative income stream from 12 total properties producing a monthly gross income of $14,410.
With the new 900,000 square foot Georgia-Pacific facility recently built as well as the $5.6 billion Ford BlueOval City which is expected to be completed towards the end of 2027, this offering will allow potential investors to capitalize on the rapidly growing market of Jackson, TN.
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 Jackson Rental Portfolio.

Property Facts

Price £1,104,600
Price / SF £70.42 / SF
Net Initial Yield 8.21%
Sale Type Investment
Status Active
Number of Properties 12
Individually For Sale 0
Total Building Size 15,686 SF
Total Land Area 4.48 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
30 Robinhood Ln, Jackson, TN 38305 Speciality 1,592 SF 1964 -
175 Hopper Barker Rd, Jackson, TN 38305 Speciality 1,244 SF 1974 -
831 Rushmeade Rd, Jackson, TN 38305 Speciality 1,308 SF 1971 -
36 Chipwood Dr, Jackson, TN 38301 Speciality 1,215 SF 1966 -
18 Russell Rd, Jackson, TN 38301 Speciality 1,171 SF 1955 -
308 Lincoln St, Jackson, TN 38301 Speciality 1,556 SF 1999 -
247 Castle Heights Dr, Jackson, TN 38301 Speciality 1,447 SF 1958 -
53 Roxy Cv, Jackson, TN 38301 Speciality 1,052 SF 1991 -
113 Landmark Loop, Jackson, TN 38305 Speciality 1,147 SF 1972 -
43 Warfield Cv, Jackson, TN 38305 Speciality 1,423 SF 1989 -
65 Gus Pope Rd, Denmark, TN 38391 Speciality 1,231 SF 1976 -
111 Annies Ln, Beech Bluff, TN 38313 Speciality 1,300 SF 1985 -
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  • Listing ID: 33377708

  • Date on Market: 02/10/2024

  • Last Updated:

  • Address: Jackson Rental Portfolio, Jackson, TN

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