1001 Cheatham St - Cheatham St. Townhomes 3 Unit Apartment Building Offered at $822,528 CAD at a 8% Cap Rate Springfield, TN 37172

New construction triplex investment opportunity just minutes from Downtown Springfield and positioned within one of Middle Tennessee’s fastest-growing markets. Located at 1001 Cheatham Street, this modern multifamily property features three individually townhome units, each offering 2 bedrooms and 2.5 bathrooms with functional open-concept layouts, updated finishes, and low-maintenance construction. Ideal for investors, owner-occupants, or “house hackers,” the flexible layout supports multiple acquisition strategies including long-term hold, lease-up stabilization, or partial owner occupancy with supplemental rental income. Residents will enjoy convenient walkable access to Downtown Springfield’s restaurants, breweries, cafés, and shopping while remaining within easy commuting distance to Nashville and surrounding employment corridors. Springfield continues to experience strong residential demand driven by regional population growth, affordability compared to the Nashville urban core, and increasing demand for quality rental housing. The property’s townhome-style design appeals to today’s renters seeking modern living environments with efficient layouts and reduced maintenance responsibilities. Newly constructed improvements minimize near-term capital expenditures and provide investors with a turnkey opportunity in an expanding Robertson County submarket. Convenient access to major transportation routes, healthcare services, retail centers, and local employers further strengthens long-term rental demand and future appreciation potential. Rare opportunity to acquire a newly built small multifamily asset with strong income potential in a rapidly growing Tennessee market.