4819 Highway 49 W, Vanleer, TN 37181
Local realty services provided by:ERA Chappell & Associates Realty & Rental
4819 Highway 49 W,Vanleer, TN 37181
$1,565,000
- - Beds
- - Baths
- 6,400 sq. ft.
- Multi-family
- Active
Listed by: brian truman, kunal patel
Office: svn accel commercial real estate
MLS#:3041741
Source:NASHVILLE
Price summary
- Price:$1,565,000
- Price per sq. ft.:$244.53
About this home
SVN | Accel Commercial Real Estate is proud to present Vanleer Apartments, a 10-unit multifamily investment located in the heart of Vanleer, Tennessee. This well-maintained asset offers a diverse unit mix of nine one-bedroom, one-bath units and one two-bedroom, one-bath unit, each with functional layouts and full kitchens.
The property operates on a weekly rent collection model under annual lease agreements, providing investors with consistent cash flow and long-term tenancy. Occupancy remains at 100%, supported by strong workforce housing demand from surrounding employment hubs in Dickson, Charlotte, and Burns. This deal is currently operating at a 7% cap rate.
Strategically located along Highway 49 W, Vanleer Apartments benefits from excellent visibility and accessibility while maintaining a quiet small-town atmosphere. With opportunity for rent growth through light renovations and professional management, this property offers a compelling value-add investment in an expanding submarket. This can be bought as a portfolio of 27 units or separately. MLS #s 3041735, 3041741, 3041742, 3041745
Highlights:
10 total units (nine 1BR/1BA, one 2BR/1BA)
100% occupied; weekly rent collection with annual leases
Steady workforce tenant base
Reliable income and low turnover
Accessible to Dickson and Charlotte
Contact an agent
Home facts
- Year built:1980
- Listing ID #:3041741
- Added:52 day(s) ago
- Updated:December 29, 2025 at 03:14 PM
Rooms and interior
- Living area:6,400 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1980
- Building area:6,400 sq. ft.
Schools
- High school:Creek Wood High School
- Middle school:Charlotte Middle School
- Elementary school:Vanleer Elementary
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,565,000
- Price per sq. ft.:$244.53
- Tax amount:$2,604
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