Apartment Acquisitions · Hendersonville
Sell Your Commercial Property In Hendersonville, TN
Own a commercial apartment building of five or more units in Hendersonville? We purchase multifamily properties around Indian Lake, Drakes Creek, and the rest of Sumner County, and we review every deal against a clear buy box.
- 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
Hendersonville Submarkets: Indian Lake · Drakes Creek · Goodlettsville · Gallatin — Sumner County, TN
Market Snapshot
Renter Demand In Hendersonville
Hendersonville, a Sumner County city of 63,091 residents in ACS 2020-2024, rents out 28.3% of its occupied homes. Median gross rent is $1,653 a month, $464 above the Tennessee median. Buildings with five or more units hold 18.3% of Hendersonville housing. In Hendersonville, 43.2% of workers commute to jobs outside Sumner County. Anyone set to sell commercial property in Hendersonville, TN faces a 2025 combined rate of $2.0093 per $100 assessed.
Below: renters, rents, Sumner County taxes and Tennessee landlord rules.
Nashville-area commuting
In ACS 2020-2024, 14,225 of 32,905 Hendersonville workers, or 43.2%, worked outside Sumner County.TriStar Hendersonville Medical Center
TriStar Hendersonville Medical Center lists 159 beds and 815 staff on its official page.Above-state household incomes
Hendersonville's median household income is $97,200 in ACS 2020-2024, 1.40 times the Tennessee median of $69,595.Our Buy Box
What We Buy In Hendersonville
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
Hendersonville Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Hendersonville
Renters occupy 28.3% of Hendersonville's occupied homes, or 7,149 of 25,255, in ACS 2020-2024 tenure data. Sumner County sits close behind at 28.0%. Rental vacancy in Hendersonville is 4.5%, per the ACS housing profile.
Buildings with five or more units hold 18.3% of Hendersonville housing, or 4,863 units, per ACS units in structure. Homes built before 1980 make up 36.9% of Hendersonville's stock, and the median year built is 1989 (ACS year built).
Rents and affordability
Median gross rent in Hendersonville is $1,653 a month in ACS 2020-2024, $464 above the Tennessee median of $1,189. Median household income is $97,200 (ACS B19013). Of Hendersonville renter households, 44.0% spend 30% or more of income on rent (ACS B25070).
For owners selling commercial property in Hendersonville, HUD FY2027 fair market rents for the Nashville-Davidson--Murfreesboro--Franklin metro FMR area set these benchmarks:
| 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 Sumner County
Hendersonville's 2025 combined rate is $2.0093 per $100 assessed: $1.421 for Sumner County plus $0.5883 for the city, per the Comptroller 2025 rate table. Tennessee classifies dwellings with two or more rental units as commercial property, assessed at 40% of appraised value (Comptroller glossary).
A $2,000,000 building assesses at $800,000, so its 2025 bill is $16,074.40. A deal to sell commercial property in Hendersonville, TN at that price also triggers $7,400 in realty transfer tax, at $0.37 per $100.
Landlord rules
Tennessee's landlord and tenant act reaches Hendersonville because TCA 66-28-102 covers counties above 75,000 residents in the 2010 Census. Sumner County counted 160,645 people in the 2010 Census. Unpaid rent can end a lease 14 days after notice under TCA 66-28-505.
Security deposits must sit in an account used only for deposits, per TCA 66-28-301. Because TCA 66-35-102 bars local rent control, owners who sell commercial real estate in Hendersonville, TN offer buyers rents no city ordinance can cap.
What it means for an owner
If you sell commercial property in Hendersonville, TN, buyers will weigh a 1989 median-year stock against a $2.0093 combined tax rate and 4.5% rental vacancy. Run income and value through our cap rate calculator.
Skyline Capital Investments buys 5+ unit apartment buildings. Read how to sell your apartment building in Hendersonville.
Seller Notes
Hendersonville Seller Checklist
More about selling in Tennessee →Investing in Hendersonville? See apartment syndications in Hendersonville →
- Tennessee law bars local rent control for owners who sell commercial real estate in Hendersonville, TN.
- Hendersonville's city levy of $0.5883 per $100 adds $4,706.40 a year on a $2,000,000 building.
- In ACS 2020-2024, 17.2% of Hendersonville renter households paid half or more of income on rent.
Seller Guides
Selling A Building In Hendersonville
Learn More
Taxes & Rules For Hendersonville Property
The Tennessee rules that shape any deal in Hendersonville: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Hendersonville Seller FAQ
What will property taxes be when I sell commercial property in Hendersonville, TN?
Tennessee assesses rental buildings with two or more units at 40% of appraised value. A $2,000,000 Hendersonville building assesses at $800,000. At the 2025 combined rate of $2.0093 per $100, the yearly bill is $16,074.40: $11,368 county and $4,706.40 city.
How deep is the tenant pool if I sell commercial real estate in Hendersonville, TN?
Renters occupy 7,149 of 25,255 occupied Hendersonville homes, or 28.3%, in ACS 2020-2024. Median gross rent is $1,653 a month. Rental vacancy is 4.5%, and HUD's FY2027 two-bedroom fair market rent for the Nashville metro area is $1,798.
How old is Hendersonville's housing stock?
The median Hendersonville home was built in 1989, per ACS 2020-2024. Homes built before 1980 make up 36.9% of the stock, against 30.8% for Sumner County. Buildings with five or more units hold 4,863 homes, or 18.3% of Hendersonville housing.
Which Tennessee landlord rules cover a Hendersonville rental?
Tennessee's Uniform Residential Landlord and Tenant Act applies in counties above 75,000 people under the 2010 Census, and Sumner County counted 160,645. Unpaid rent can end a lease 14 days after notice. Deposits must sit in a separate account, and state law bars local rent control.
What transfer taxes apply if I sell multifamily property in Hendersonville?
Tennessee's realty transfer tax is $0.37 per $100 of purchase price, which comes to $7,400 on a $2,000,000 Hendersonville sale. The Tennessee Department of Revenue also sets a mortgage tax of $0.115 per $100 of indebtedness.
What if my Hendersonville building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Sumner 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.
Can I sell rental property in Hendersonville with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
What do I need to sell my apartment building in Hendersonville?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Get An Offer Review In Hendersonville
A few details are enough to start. We respond to every Hendersonville submission, including off-market and pocket listings.
