$960,000

10092 Sneed Point Lyles, TN 37098

Estimated payment $5,155/month

Total Views 2,829
8 Beds
-- Bath
2,800 Sq Ft
$343 Price per Sq Ft

Highlights

  • No HOA
  • Carpet
  • Property has 1 Level
  • Central Heating and Cooling System

About This Home

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

Listing Agent

Brian Truman

SVN Accel Commercial Real Estate Brokerage Phone: 6152602121 License #338568 Listed on: 11/06/2025

SVN Accel Commercial Real Estate

Co-Listing Agent

Kunal Patel

SVN Accel Commercial Real Estate Brokerage Phone: 6152602121 License #364618

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,678

Year Built

  • Built in 2003

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 8 Bedrooms
  • 2,800 Sq Ft Home
  • Property has 1 Level
  • Carpet

Schools

  • East Hickman Elementary School
  • East Hickman Middle School
  • East Hickman High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection, water
  • Rent includes trash collection, water
  • Assessor Parcel Number 041039 04133 00004039

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $27,906
  • Gross Income $95,160
  • Net Operating Income $67,254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,678

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2003
  • Inclusions: Negotiable
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Other
  • Total Bedrooms: 8
  • Above Grade Finished Sq Ft: 2800
  • Building Area Units: Square Feet
  • Living Area: 2800
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: N/A
  • Lot Size Units: Acres
  • Parcel #: 041039 04133 00004039
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Other, Trash Collection, Water
  • HOA Rent Includes: Other, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 95160
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 67254
  • Number Of Units Total: 6
  • Annual Operating Expense: 27906
  • Total Actual Rent: 4880

Tax Info

  • Tax Annual Amount: 1678

MLS Schools

  • Elementary School: East Hickman Elementary
  • High School: East Hickman High School
  • Middle Or Junior School: East Hickman Middle School

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,962 $69,320 -- --
2024 $1,617 $69,320 -- --
2023 $1,617 $69,320 $0 $0
2022 $1,617 $69,320 $0 $0
2021 $1,565 $55,880 $0 $0
2020 $1,565 $55,880 $0 $0
2019 $1,582 $55,880 $0 $0
2018 $1,565 $55,880 $0 $0
2017 $1,576 $53,600 $0 $0
2016 $1,576 $53,600 $0 $0
2014 $1,361 $53,580 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 For Sale $960,000 -- $343 / Sq Ft
Source: Realtracs

Source: Realtracs

MLS Number: 3041735

Realtracs

APN: 039-041.30