Tuesday, June 21st, 2022 June21st2022

Sold Alert: Franklin Apartment Complex Sold for $128,000/unit

Published on June 21st, 2022

Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.



  • 333 11th Avenue N in Franklin, TN is better known as Franklin Manor Apartments.
  • Built in 1967, the 3 building complex offers 32 units including 8 one bedrooms (600 SF) and 24 two bedrooms (900 SF).
  • Two stories, 60 parking spaces.
  • Updated units rent for $1,550 per month and include new kitchens with granite, subway tile backsplash, GE stainless steel appliances, stackable washer/dryer, wood-look floors, updated bathrooms and barn door style closet doors.
  • The 3.3 acre property is attractively located just outside of historic downtown Franklin.
  • The property just sold for $4,100,000…the equivalent of $128,000/unit.



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About Beau Beach, MBA CCIM

Beau is a battle-tested Commercial Real Estate Broker, entrepreneur and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.

Beau leads Beachwood which is a nationwide commercial real estate brokerage for sellers…with emphasis in Nashville and the Southeast.

He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.

He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.

Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com