SVN | Accel Commercial Real Estate proudly presents Sneed Point Apartments, consisting of 3 all-brick duplexes, located in Lyles, Tennessee, just west of Nashville. All 6 units feature an identical two-bedroom, one-and-a-half-bath townhome-style layout with bedrooms and a full bath upstairs, and a spacious living room, kitchen, utility area, and half bath on the main level.
The property’s all-brick construction ensures long-term durability and low maintenance costs. All units are leased annually with weekly rent collection, delivering stable cash flow and minimal vacancy. This deal is currently operating at a 7% cap rate. The asset serves a consistent tenant base of workforce residents seeking affordable, quality housing in the fast-growing Hickman County area.
With 100% occupancy and a strong income history, Sneed Point represents an ideal value-add opportunity through interior modernization and rent optimization. This can be bought as a portfolio of 27 units or separately. MLS #s 3041735, 3041741, 3041742, 3041745
Highlights:
6 two-story, all-brick townhome units (2BR/1.5BA each)
Located in Lyles, TN (Hickman County)
100% occupied; weekly rent collection with annual leases
Low-maintenance construction and strong local demand
Stable cash flow with upside potential
Active
$960,000
10092 Sneed Rd, Lyles, TN 37098
8beds
--baths
2,800sqft
Est.:
Multi Family
Built in 2003
-- sqft lot
$-- Zestimate®
$343/sqft
$-- HOA
What's special
All-brick constructionUtility area
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