Estimated payment $5,200/month
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
SVN Accel Commercial Real Estate Brokerage Phone: 6152602121 License #338568 Listed on: 11/06/2025
Co-Listing Agent
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: 3041735
APN: 039-041.30
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