Market Value: $265,000
Lucky Dog Price: $182,000
Savings of 31%!!

Developers dream! Not only is this one of the few multi-family zoned (R-4) properties for sale in the area, it also comes with panoramic views of the Cumberland River! Perfect for builders and developers looking for an amazing opportunity at the heart of an un-tapped rental area. Just on the other side of the Cumberland River, this 7.1-acre lot is within walking distance to shops, stores, restaurants and other establishments in the area. The center of Clarksville and Austin Peay State University are a quick, 10-minute drive up State Hwy 48 N/TN-13 N. Fort Campbell, home of the 101st Airborne Division, is an easy, 27-minute commute. Average rent for a 2-bedroom apartment in Clarksville is $812 and $694 for 1-bedroom. Don’t miss out on this incredible opportunity to capitalize on this cities growing economy. Seller financing available.

Optional Seller Financing with down payment of $50,000. Property sold at retail market value ($265,000), if seller financed. Payments start as low as $2,129 for 360 months. Other payment options available. No pre-payment penalty. Notes are held at 11.5% annual interest. Seller financing options require a $12/mo note service fee. A one-time $299 document fee applies to all cash and financing sales.

Site Address: N DEAN RD - CLARKSVILLE, TN 37040

Parcel Size: 7.1 Acres (309,276 sq. ft.)

Parcel Number: 091E-A-023.00

Neighborhood: Cumberland Heights Rural

County: Montgomery

Zoned: R-4 MULTI FAMILY RESIDENTIAL DISTRICT (Residential, Multi-Family High-Density) District. The R4 zoning district provides for the development of a wide range of high-density multi-family housing, including apartments and condominiums.

Water: City (“Cumberland Heights Utility District”)

Sewer: Septic (not installed)

Electric: City, at line (“Cumberland Electric Membership Co-op”)

HOA: None

Annual Taxes: $477

Elevation: 483 ft

Flood Zone: No, however small tip of NW corner shows on FEMA map (see FEMA map in photos)

Property Access: Paved Road, highway access nearby.

Schools:

Cumberland Heights Elementary School | PK-5 (2.59 mi.)

Montgomery Central Middle & High School | 9-12 (5.4 mi.)

Plat Map: Not available currently, can be ordered by buyer

Survey: Not available currently, can be ordered by buyer

Title Provided: Warranty Deed w/ Title Insurance

Closing Costs: Buyer pays all closing costs, including a one-time doc fee of $299. Any down payment or funds received are NON-REFUNDABLE.

Center GPS Coordinates: 36.480598, -87.378491

GPS Coordinates:

36.481501, -87.379208
36.481400, -87.379506
36.481099, -87.379605
36.480395, -87.380394
36.480290, -87.379402
36.480286, -87.379213
36.480254, -87.379050
36.480228, -87.378946
36.480192, -87.378807
36.480105, -87.378590
36.479499, -87.377295
36.480685, -87.376506
36.480199, -87.377097
36.481084, -87.378383
36.481200, -87.378297
36.481505, -87.379208

This property is currently in escrow with the registered owner and being pre-marketed under the agreed upon purchase terms. Property will be transferred with Warranty Deed and title insurance. Buyer to pay all closing costs. Any down payment or funds received are NON-REFUNDABLE. Lucky Dog Land Deals is a national real estate investment company and in most cases we have not viewed the property in person. All of the information for this property that we are aware of has been disclosed within the listing details on our website. Please direct any additional questions regarding this property to the associated city/county governmental agency. Buyer is responsible for performing their own due diligence to verify all information is accurate and to be sure the property fits their current needs.