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Listing Detail - Nashville Home and Farms

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Clarksville, TN 37042 860 Lou Ann Ln

$460,000

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21 more
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Presented By: The Focus Group of TN, LLC;
  • MLS# 3179229
  • 04/19/2026
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 4
  • SQFT • 4,500

Home Details

6 unit parcel at 860-866 Lou Ann Lane with 6 manufactured homes on 1.73 acre site. Fully leased. Several units with long time tenants. This is a turnkey deal at the 1% rule which is just hard to come by these days for investors. DO NOT DISTURB TENANTS. 8+% cap rate.
Presented By: The Focus Group of TN, LLC;

Interior Features for 860 Lou Ann Ln

Other Interior Features

LivingAreaSourceOwner
Above Grade Finished Area4500
Above Grade Finished Area SourceOwner
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area SourceOwner
Below Grade Finished Area Unit TypeSquare Feet
FlooringCarpet, Laminate
Heating Y/NYes

General for 860 Lou Ann Ln

Attached Garage No
Building Area UnitsSquare Feet
CityClarksville
Construction MaterialsOther
CoolingElectric
CountyMontgomery County, TN
DirectionsTurn on Lou Ann from Evans Rd
Elementary SchoolMinglewood Elementary
Garage Spaces
Garage Y/NNo
Gross Income54294
HeatingElectric
High SchoolNorthwest High School
LevelsOne
Living Area4500
Living Area UnitsSquare Feet
Lot Size UnitsAcres
Middle/Junior High SchoolNew Providence Middle
Net Operating Income38006
New ConstructionNo
Number Of Units Total6
Operating Expense16288
OwnerPaysTrash Collection
PossessionClose Of Escrow
Property Attached Y/NYes
Property TypeResidential Income
Rent IncludesTrash Collection
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameN/A
Tax Annual Amount1439
Tenant PaysElectricity, Water
Total Actual Rent1624
UtilitiesElectricity Available, Water Available
Year Built1990
Year Built DetailsApproximate
ZoningRM-1

Exterior for 860 Lou Ann Ln

Building Area Total4500
Covered Spaces
InclusionsAppliances
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Northwest High School
Elementary School Minglewood Elementary
Middle School New Providence Middle

Anthony Martin

Agent | Owner
Price $460,000
MLS#3179229
List Date 04/19/2026
Property Type Multi-Family
Phone (731) 616-9391
Request Tour
Request Info
Visit My Website

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