Clarksville Tennessee Opportunity
Amazing opportunity in Clarksville, Tennessee, one of the fastest-growing cities in the state. The Market ▸ 38% population growth since 2010 ▸ Limited new construction in pipeline over next 2-3 years ▸ 15,193-unit housing gap through 2029 (Bowen National Research) ▸ Active economic development ongoing; Recent announcement of a $6.6B Korea Zinc investment — largest in Tennessee state history ▸ 10,000+ projected new jobs by 2030 The Deal The Flats at Lancaster — 112-unit multifamily community, built 2001, Clarksville, TN 110 of 112 units renovated | ~93% occupied | $200/mo rent upside remaining The Projected Returns ▸ ~16% target annual return ▸ 5–6% average cash-on-cash, paid quarterly ▸ 1.8–2.0x equity multiple ▸ 13+% IRR ▸ 5–7 year hold | Straight 80/20 LP/GP | $100K minimum 🏦 Investment options: 📌 Individual 📌 Your Self-directed IRA(SDIRA); Returns flow back into the IRA 📌 Other qualifying accounts The Debt LifeCo fixed-rate financing at 5.70% — 7-year term, 3-year interest only **LifeCo lenders are selective by design, securing this loan signals institutional-level validation of the asset and its stability. The Underwriting ▸ Entry at 6.15%; exit at 6.25%(Conservative by design) ▸ Year 1 focusing on stabilizing operations, not aggressive rent increases ▸ Interiors renovated and modernized; Reserves are in place to ensure continuity of performance ▸ Fixed rate debt by LifeCo, 7-year term - allowing for flexibility and runway to execute business plan Please reach out if interested 🙂 Book a call to discuss - https://verituscapitalpartners.com/book About me: Located in Dallas-Fort Worth, I bring nearly 30 years of experience in healthcare operations and leadership, having scaled a business from startup to $20M+ in revenue. Today, I apply that same discipline to Multifamily acquisitions, data-driven underwriting, and operational focus to multifamily investing, prioritizing capital preservation and consistent execution.