SVN | Accel Commercial Real Estate presents DND Apartments, a 5-unit multifamily property strategically positioned in the high-growth city of Dickson, Tennessee. The property includes two front duplexes with two-bedroom, one-bath layouts and a rear single-family home offering a similar configuration.
All units are leased annually with weekly rent collection, producing consistent income and operational flexibility. This deal is currently operating at a 7% cap rate. DND Apartments maintains strong occupancy and reliable rent performance, supported by steady workforce housing demand and close proximity to Dickson’s retail, schools, and employment centers.
This property provides immediate, stable returns with potential for value-add improvements through light interior renovations and management optimization. This can be bought as a portfolio of 27 units or separately. MLS #s 3041735, 3041741, 3041742, 3041745
Highlights:
5 total units (4 duplex units + 1 single-family home)
Fully occupied; weekly rent collection under annual leases
Excellent visibility along Hwy 48 N
Proven workforce housing demand
Cash-flowing with value-add potential
Active
$873,000
5608 Highway 48 N, Dickson, TN 37055
8beds
--baths
3,700sqft
Est.:
Multi Family
Built in 1987
-- sqft lot
$-- Zestimate®
$236/sqft
$-- HOA
What's special
Light interior renovations
- 8 days |
- 45 |
- 2 |
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