Dancy Deaderick Portfolio 2 Multifamily Properties Offered at $858,905 CAD in Jackson, TN

Link to Deal Room & Financials: https://www.marcusmillichap.com/properties/183930/dancy-deaderick-portfolio
Marcus & Millichap has been selected to exclusively market for sale the Dancy Deaderick Portfolio in Jackson, TN. This 8-unit offering will allow potential investors to purchase a rare value-add opportunity located in one of Tennessee’s fastest growing markets, Jackson, TN.
This portfolio presents investors with the opportunity to acquire two fully leased properties generating a combined monthly gross income of $5,220. With current rents averaging $198 below market value, there’s immediate upside potential through rental increases, offering a clear path to increased cash flow and longterm value.
With the new 900,000 square foot Georgia-Pacific facility recently built as well as the $5.6 billion Ford BlueOval City which is expected to be completed towards the end of 2027, this offering will allow potential investors to capitalize on the rapidly growing market of Jackson, TN.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of the Dancy Deaderick Portfolio.