Buying In Franklin, TN
Sell Your Commercial Property In Franklin, TN
We are an active buyer of Franklin 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
Where We Look: Downtown Franklin · Cool Springs · Berry Farms · Brentwood — Williamson County, TN
Why Franklin
Why We Buy Multifamily In Franklin
Franklin, the Williamson County seat, had 87,133 residents in ACS 2020-2024. Renters hold 36.2% of occupied Franklin homes, and median gross rent is $1,923 a month. Buildings with five or more units make up 28.8% of the city's housing, well above the 13.1% Williamson County share. Owners who sell commercial property in Franklin, TN face a 2025 rate of $2.0633 per $100 assessed inside the Franklin Special School District.
Below: renters, rents, Williamson County taxes and landlord rules for anyone selling commercial property in Franklin.
Community Health Systems
Community Health Systems owns its Franklin headquarters and reported about 57,000 employees on December 31, 2025, per its 10-K.Nissan North America headquarters
Nissan North America's Franklin headquarters employs about 1,800 people, per the Consulate-General of Japan in Nashville, August 2025.High household incomes
Franklin's median household income is $119,528 in ACS 2020-2024, 1.72 times Tennessee's $69,595.Our Buy Box
What We Buy In Franklin
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
Franklin Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Franklin
Renters occupy 36.2% of Franklin's occupied homes, or 12,311 of 33,998, in ACS 2020-2024 tenure data. Williamson County sits at 21.2%.
Buildings with five or more units hold 28.8% of Franklin housing, or 10,446 units, per ACS units in structure. Just 12.7% of Franklin homes predate 1980, and the median year built is 2002 (ACS year built).
Rents and affordability
Median gross rent in Franklin is $1,923 a month in ACS 2020-2024, $734 above the Tennessee median. Median household income is $119,528 (ACS B19013). Of renter households, 45.8% spend 30% or more of income on rent (ACS B25070).
HUD FY2027 fair market rents, Nashville-Davidson--Murfreesboro--Franklin metro FMR area:
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,585 |
| One bedroom | $1,650 |
| Two bedroom | $1,798 |
| Three bedroom | $2,309 |
| Four bedroom | $2,799 |
Property taxes in Williamson County
Franklin's 2025 rate depends on the school district: $2.0633 per $100 assessed inside the Franklin Special School District. That is $1.18 county, $0.5873 district and $0.296 city, per the Comptroller 2025 rate table. Outside the district, the 2025 Franklin rate is $1.566: $1.27 county plus $0.296 city, per the Williamson County rate sheet.
Tennessee assesses rental dwellings with two or more units at 40% of appraised value (Comptroller glossary). A $2,000,000 building assesses at $800,000, so its 2025 bill is $16,506.40 inside the district or $12,528 outside. A plan to sell commercial property in Franklin, TN at that price also carries $7,400 in realty transfer tax.
Landlord rules
Tennessee's landlord and tenant act covers Franklin under TCA 66-28-102: Williamson County had 183,182 people in the 2010 Census. Unpaid rent can end a lease 14 days after notice, under TCA 66-28-505. Deposits go in a dedicated account, per TCA 66-28-301.
TCA 66-35-102 bars local rent control. Owners who sell commercial real estate in Franklin, TN therefore hand buyers rents set by the market.
What it means for an owner
If you sell commercial property in Franklin, TN, buyers will weigh a young, 28.8% multifamily stock against a district-specific tax bill. Test income and value in our cap rate calculator.
Skyline Capital Investments buys 5+ unit apartment buildings. See the steps to sell your apartment building in Franklin.
Before You Sell
Pricing Your Building In Franklin
More about selling in Tennessee →Investing in Franklin? See apartment syndications in Franklin →
- Tennessee law bars local rent control for owners who sell commercial real estate in Franklin, TN.
- Franklin Special School District adds $0.5873 per $100, or $4,698.40 yearly on a $2,000,000 building.
- In ACS 2020-2024, 19.4% of Franklin renter households paid half or more of income on rent.
Seller Guides
Selling In Franklin? Common Situations We Handle
Learn More
Taxes & Rules For Franklin Property
The Tennessee rules that shape any deal in Franklin: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Franklin Seller FAQ
What property tax applies when I sell commercial property in Franklin, TN?
Tennessee assesses buildings with two or more rental units at 40% of value, so a $2,000,000 Franklin building assesses at $800,000. Inside the Franklin Special School District, the 2025 rate of $2.0633 per $100 yields $16,506.40. Outside it, $1.566 yields $12,528.
Is renter demand strong enough to sell commercial real estate in Franklin, TN?
Renters hold 36.2% of occupied Franklin homes in ACS 2020-2024, against 21.2% for Williamson County. Median gross rent is $1,923 a month. HUD's FY2027 two-bedroom fair market rent for the metro is $1,798, and Franklin's rental vacancy is 7.2%.
How much apartment stock does Franklin have?
Buildings with five or more units hold 10,446 of 36,239 Franklin housing units, or 28.8%, in ACS 2020-2024. Williamson County's share is 13.1%. The median Franklin home was built in 2002, and only 12.7% of homes predate 1980.
Which landlord rules apply to a Franklin rental building?
Tennessee's Uniform Residential Landlord and Tenant Act covers Williamson County, which counted 183,182 people in 2010. Tenants get 14 days after notice to pay unpaid rent. Deposits must sit in a dedicated account, and TCA 66-35-102 bars local rent control.
What closing taxes apply if I sell multifamily property in Franklin?
Tennessee's realty transfer tax is $0.37 per $100 of purchase price, or $7,400 on a $2,000,000 Franklin sale. Tennessee also charges a mortgage tax of $0.115 per $100 of debt, per the Tennessee Department of Revenue.
Do I need to fix up my Franklin 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 Williamson 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.
Who buys occupied rental property in Franklin?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
How fast can I sell my apartment building in Franklin?
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
Have A Property In Franklin?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
