156 Excell Rd Clarksville, TN 37043
Estimated payment $26,051/month
Highlights
- No HOA
- Cooling Available
- Central Heating
- Sango Elementary School Rated A-
- Tile Flooring
- Ceiling Fan
About This Home
Discover this turnkey 20-unit townhome community featuring 12 two-bedroom (1,450 sq. ft.) units at $235K each and 8 three-bedroom (1,600 sq. ft.) units at $250K each. Built in 2024, these modern townhomes boast open floor plans, gourmet kitchens with granite countertops and stainless steel appliances, spacious bedrooms with walk-in closets, luxury vinyl plank flooring, private patios, and dedicated parking. With 90% occupancy and strong rental demand, the 2-bedroom units rent for $1,450/month, and the 3-bedroom units for $1,600/month, offering excellent cash flow potential. Conveniently located in Sango with access to downtown Clarksville, Austin Peay State University, I-24, top-rated schools, dining, and shopping, this property is an ideal portfolio addition or owner-occupant investment. Don’t miss this opportunity
Listing Agent
Concord Realty Brokerage Phone: 9313780500 License #322935 Listed on: 07/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,202
Year Built
- Built in 1955
Home Design
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 28,763 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Fire and Smoke Detector
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Schools
- Sango Elementary School
- Richview Middle School
- Clarksville High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- The owner pays for association fees
- Assessor Parcel Number 063081 12900 00011081
Community Details
Overview
- No Home Owners Association
- 20 Units
- Excell Pointe Subdivision
Building Details
- Operating Expense $144,960
- Gross Income $362,400
- Net Operating Income $217,440
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $22,908 | $1,666,040 | $0 | $0 |
| 2023 | $22,908 | $40,200 | $0 | $0 |
| 2022 | $1,202 | $40,200 | $0 | $0 |
| 2021 | $1,202 | $37,000 | $0 | $0 |
| 2020 | $1,106 | $37,000 | $0 | $0 |
| 2019 | $1,106 | $37,000 | $0 | $0 |
| 2018 | $859 | $15,750 | $0 | $0 |
| 2017 | $859 | $27,975 | $0 | $0 |
| 2016 | $859 | $27,975 | $0 | $0 |
| 2015 | $832 | $27,975 | $0 | $0 |
| 2014 | $832 | $27,975 | $0 | $0 |
| 2013 | $958 | $30,500 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | $4,800,000 | -- | $167 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $435,000 | None Listed On Document | |
| Deed | $170,000 | None Available | |
| Deed | $83,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $2,556,877 | Construction | |
| Closed | $326,250 | New Conventional | |
| Previous Owner | $40,000 | New Conventional | |
| Previous Owner | $112,000 | No Value Available |
Source: Realtracs
MLS Number: 2936540
APN: 081-129.00
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