Bartlett Multifamily Buyer
Sell Your Commercial Property In Bartlett, TN
We are an active buyer of Bartlett commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Bartlett Submarkets: Cordova · Raleigh · Arlington · Lakeland — Shelby County, TN
The Bartlett Market
What Drives Rentals In Bartlett
Bartlett is a Shelby County suburb of 56,876 residents on the northeast edge of Memphis, per ACS 2020-2024. Bartlett's median household income of $102,070 is well above the Shelby County median of $63,767. Renters are a clear minority in this suburb, and apartment buildings with five or more units are scarce. This page sets out the rent, tax and legal facts an owner needs before deciding to sell commercial property in Bartlett, TN, using Census, HUD, Tennessee Comptroller and state code sources.
Memphis-area commuting
In ACS 2020-2024, 74.4% of Bartlett workers commuted outside the city, averaging a 24.4-minute trip to work.Saint Francis Hospital-Bartlett
Saint Francis Hospital-Bartlett is a 196-bed hospital and the only full-service healthcare facility in Bartlett.Higher household incomes
Bartlett's median household income was $102,070 in ACS 2020-2024, against $63,767 across Shelby County.Our Buy Box
What We Buy In Bartlett
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Bartlett Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Bartlett
Renters made up 14.4% of Bartlett households in ACS 2020-2024, or 2,890 of 20,051 homes (Census B25003). Shelby County runs far higher, at 45.9% renters (Shelby County tenure).
Buildings with five or more units held 5.8% of Bartlett homes, about 1,204 units (Census B25024). Only 27.7% of Bartlett housing was built before 1980, and the median year built is 1992 (Census B25034).
Rents and affordability in Bartlett
Median gross rent in Bartlett was $1,638 a month in ACS 2020-2024 (Census B25064). The Tennessee median was $1,189 (state rent table).
In Bartlett, 39.3% of renter households paid 30% or more of income on rent, and 16.0% paid 50% or more (Census B25070). Rental vacancy was 5.8% (Census DP04).
| HUD FY2027 FMR, Memphis, TN-MS-AR HUD Metro FMR Area | Monthly rent |
|---|---|
| Efficiency | $1,095 |
| One-bedroom | $1,191 |
| Two-bedroom | $1,301 |
| Three-bedroom | $1,717 |
| Four-bedroom | $1,981 |
Source: HUD Fair Market Rents documentation.
Property taxes in Shelby County and Bartlett
Bartlett's 2025 combined rate is $4.35 per $100 of assessed value: $2.69 Shelby County plus $1.66 city (Tennessee Comptroller 2025 rates). Tennessee classes dwellings with two or more rental units as commercial, assessed at 40% (Comptroller glossary).
A $2,000,000 building assesses at $800,000, so the 2025 bill is about $34,800 a year. That splits into $21,520 for Shelby County and $13,280 for Bartlett. If you sell commercial property in Bartlett, TN, the state realty transfer tax is $0.37 per $100, or $7,400 at that price (Tennessee Department of Revenue).
Landlord rules in Bartlett
Tennessee's Uniform Residential Landlord and Tenant Act applies in counties above 75,000 people, which includes Shelby County (TCA 66-28-102). State law bars any local rule that controls rent (TCA 66-35-102).
A tenant breach that money can fix ends the lease if not cured within 14 days of notice (TCA 66-28-505). Deposits must sit in a separate account at a regulated bank (TCA 66-28-301). Owners who sell commercial real estate in Bartlett, TN hand buyers these same state-level rules, with no city rent cap.
What it means for a Bartlett owner
Bartlett pairs a $1,638 median rent with a small 5+ unit stock, so well-kept buildings face little direct competition. The $34,800 tax line on a $2,000,000 building is the main cost buyers will underwrite.
To sell commercial property in Bartlett, TN, start with your net operating income in our cap rate calculator. Skyline Capital Investments buys 5+ unit apartment buildings, and you can sell multifamily property in Bartlett through our direct sale process.
Before You Sell
Pricing Your Building In Bartlett
More about selling in Tennessee →Investing in Bartlett? See apartment syndications in Bartlett →
- Tennessee bars local rent control, a plus for owners who sell commercial real estate in Bartlett, TN.
- Bartlett's city levy of $1.66 per $100 adds $13,280 a year on a $2,000,000 building.
- In ACS 2020-2024, 16.0% of Bartlett renter households paid half or more of income on rent.
Seller Guides
Bartlett Seller Situations
Learn More
Taxes & Rules For Bartlett Property
The Tennessee rules that shape any deal in Bartlett: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Bartlett Seller FAQ
What taxes apply when I sell commercial property in Bartlett, TN?
Tennessee charges a realty transfer tax of $0.37 per $100 of purchase price, or $7,400 on a $2,000,000 sale. Buyers also underwrite the 2025 Bartlett rate of $4.35 per $100 of assessed value, set by Shelby County and the city.
How much rent do Bartlett apartments get?
Median gross rent in Bartlett was $1,638 a month in ACS 2020-2024, above the Tennessee median of $1,189. HUD's FY2027 fair market rent for a two-bedroom in the Memphis metro area is $1,301, so Bartlett's typical rent sits above that benchmark.
Can Bartlett limit rent increases on my building?
No. Tennessee Code 66-35-102 bars any local government from enacting or enforcing a rule that controls rent on private residential or commercial property. Bartlett and Shelby County cannot cap rents, which matters to any owner selling commercial property in Bartlett.
Is it a good time to sell commercial real estate in Bartlett, TN?
Bartlett has few large rental buildings: 5+ unit homes are 5.8% of its housing in ACS 2020-2024. Rental vacancy was 5.8%. Scarce supply and a $102,070 median household income support demand for well-run apartment properties.
How is a Bartlett apartment building assessed?
Tennessee classes dwellings with two or more rental units as commercial property, assessed at 40% of appraised value. A $2,000,000 Bartlett building assesses at $800,000, giving a 2025 bill near $34,800. When you sell your apartment building in Bartlett, buyers weigh that bill against rents.
Do I need to fix up my Bartlett building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
How does a sale to you work in Shelby County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Is it possible to sell rental property in Bartlett without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
How fast can I sell my apartment building in Bartlett?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Selling A Building In Bartlett?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
