MAIN608 | 156 BEDS | 77 UNITS

Completed in 2018, Main 608 is a modern student community located in the heart of Downtown Clarksville and steps from Austin Peay State University’s campus. It is the closest off-campus student living complex to the University in the market.  

Main608 is comprised of 77 units, with 156 bedrooms, offering students one-, two-, or three-bedroom options. Currently, the property is 99% occupied and 23% pre-leased for the 2024-25 academic year. The University maintains 11 residence buildings on campus providing accommodations for ±1,800 students. Roughly 15% of students live on campus leaving 85% of students in the private student housing market.

The recently constructed asset offers students private bathrooms, with all units having one-to-one bed/bath parity. The community has upscale amenities including a modern lounge area, private and group study rooms, a state-of-the-art fitness center, an outdoor patio, a rooftop terrace with panoramic views, and electronic building access. Leases are signed by each individual for specific bedrooms. The units feature furnished interiors, wood-style flooring, a common area flat-screen TV, refrigerator, dishwasher, microwave, stackable washers and dryers, and large, oversized windows. All utilities are included in the rent including electricity not to exceed $25 per lease.

Clarksville borders Kentucky and the Cumberland River. Just a short drive Northwest of Nashville, Clarksville is ideally located within the state. It has experienced strong market conditions in recent years. Tennessee is a business-friendly state and the economy has greatly benefited from the prime market conditions. 

Main608 presents an excellent opportunity for an investor to acquire a solid-performing student housing asset in a thriving market.

Barden Brown | Tennessee Broker of Record | ID #279311 | 678.894.2221 | barden.brown@grea.com