Exclusive Off-Market Portfolio Opportunity: 25 Income-Producing Homes in Watertown, Tennessee Are you looking for a rare investment opportunity with a portfolio of income-producing properties? This exclusive off-market sale of 25 single-family homes in Watertown, Tennessee, offers a lucrative chance to acquire well-maintained, high-demand rental units located just 30 minutes from the thriving city of Nashville. With high occupancy rates and competitive rental income, this portfolio is an exceptional addition to any investor's portfolio. Portfolio Highlights Number of Properties: 25 single-family homes Occupancy Rate: 97% rented, showcasing strong tenant demand and stable cash flow Rental Income: Average rent of $1,500 per unit, with potential for increases given the area's median rent of $2,300 Pricing: Homes are priced at market value, ranging from $220,000 to $429,000 Flexibility: Properties can be sold as a complete package or individually Exclusivity: This off-market offering requires a signed NDA to access detailed property and financial information Income Potential This portfolio boasts an impressive 97% occupancy rate, ensuring consistent monthly income. With average rents of $1,500 per unit, the total monthly rental income from the portfolio exceeds $36,000. However, with Watertown's median rents reaching $2,300, there is significant potential for rental rate adjustments over time, creating additional upside for investors. Location Advantage Located just a short 30-minute drive from Nashville, Watertown offers the perfect balance of small-town charm and proximity to a booming metropolitan area. Nashville, known for its robust economy, entertainment industry, and growing population, continues to attract renters seeking affordable housing options within commuting distance. Commuter-Friendly: Easy access to Nashville via major highways Strong Demand: Growing rental market fueled by Nashville's expanding job opportunities and rising cost of living in urban areas Appealing Lifestyle: Watertown provides a quieter, family-friendly atmosphere while offering convenient access to Nashville's vibrant cultural and professional scene Investment Opportunity This portfolio is competitively priced, with individual properties ranging from $220,000 to $429,000. Each home is well-positioned within the current market, with pricing reflecting fair market value for the region. Whether purchased as a package or individually, these homes represent a stable and scalable investment opportunity. Immediate Cash Flow: The high occupancy rate and existing rental agreements ensure immediate returns on investment. Market Growth: With rising property values and rental rates in Watertown and the greater Nashville area, these properties offer excellent appreciation potential. Flexible Purchase Options: Investors can acquire the entire portfolio for maximum impact or select individual properties that align with their investment strategy. Additional Details Viewings: Properties are available to view by appointment only, ensuring privacy and exclusivity. NDA Requirement: Interested buyers must sign a non-disclosure agreement (NDA) to gain access to property-specific details, financial records, and further insights. Why Invest in Watertown? Watertown's proximity to Nashville makes it an attractive option for renters and investors alike. The area benefits from Nashville's booming economy and housing market while offering affordability and a desirable quality of life. Key factors driving demand in the Watertown rental market include: Economic Growth: The Nashville area has one of the fastest-growing economies in the U.S., with job creation across industries such as healthcare, education, technology, and entertainment. Rising Rental Demand: As Nashville becomes increasingly expensive, renters are seeking more affordable options in nearby suburbs like Watertown. Lifestyle Appeal: Watertown provides a small-town feel with access to local amenities, schools, and a close-knit community, making it ideal for families and professionals. Ideal Buyer Profile This portfolio is perfect for: Institutional Investors: Those seeking a well-established, income-producing portfolio with strong rental demand and appreciation potential. Private Investors: Buyers looking to diversify their real estate holdings and capitalize on Nashville's expanding housing market. Value-Add Investors: Individuals or groups interested in repositioning properties to achieve higher rental income in line with the area's median rents. Summary of Key Numbers Portfolio Size: 25 single-family homes Occupancy Rate: 97% Average Rent per Unit: $1,500 Median Rent in Area: $2,300 Property Pricing: $220,000 to $429,000 per home Proximity to Nashville: 30-minute drive Why This Opportunity Stands Out This off-market portfolio provides an exceptional opportunity to acquire high-performing assets in a growth market. The high occupancy rate, coupled with room for rental growth, offers immediate cash flow and long-term appreciation potential. The ability to purchase properties individually or as a package ensures flexibility for a variety of investment strategies. By acquiring this portfolio, investors gain access to: Stable and predictable income streams A high-demand rental market Strong potential for property value appreciation Properties in a desirable suburban location with proximity to Nashville Next Steps To learn more about this unique investment opportunity, please follow these steps: Sign an NDA: Access detailed property and financial information by signing a non-disclosure agreement. Schedule a Viewing: Properties are available to view by appointment only. Discuss Options: Choose to purchase the entire portfolio or select individual properties that meet your investment goals. This is a rare chance to secure income-producing properties in one of Tennessee's most desirable suburban markets. Contact us today to take the first step in making this portfolio part of your real estate investment strategy.
Off market
Zestimate®
$2,623,000
0 Sparta Pike, Watertown, TN 37184
12beds
--sqft
Single Family Residence
Built in ----
-- sqft lot
$2,623,000 Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 9 hours ago
Listing updated: January 25, 2025 at 10:45pm
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Carpet, Hardwood, Tile
Property
Parking
- Parking features: Detached
- Details: Contact manager
Features
- Exterior features: Heating system: Forced Air
Details
- Parcel number: 095126 00900 00019126
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & neighborhood
Location
- Region: Watertown
HOA & financial
Other fees
- Deposit fee: $1,500
- Pet deposit fee: $500
- Pet fee: $500 monthly
Other
Other facts
- Available date: 01/25/2025
Sell for more on Zillow
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$2,623,000
2% more+$52,460
With Zillow Showcase(estimated)$2,675,460