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
- 51 days |
- 116 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 08:08am
Listing Provided by:
Brian Truman 615-260-2121,
SVN Accel Commercial Real Estate 615-671-4544,
Kunal Patel 731-613-5487,
SVN Accel Commercial Real Estate
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3041735
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Carpet, Other
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
- Finished area above ground: 2,800
Property
Features
- Levels: One
- Stories: 1
Details
- Parcel number: 041039 04133 00004039
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lyles
Financial & listing details
- Price per square foot: $343/sqft
- Annual tax amount: $1,678
- Date on market: 11/6/2025
- Inclusions: Negotiable
- Total actual rent: 4880
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Listed for sale | $960,000$343/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$5,374/mo
Principal & interest
$4582
Property taxes
$456
Home insurance
$336
Climate risks
Neighborhood: 37098
Nearby schools
GreatSchools rating
- NAEast Hickman Elementary SchoolGrades: PK-2Distance: 2.2 mi
- 4/10East Hickman Middle SchoolGrades: 6-8Distance: 2.4 mi
- 3/10East Hickman High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: East Hickman Elementary
- Middle: East Hickman Middle School
- High: East Hickman High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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