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Welcome to Campbell Place, a vibrant townhome community in the heart of downtown Lebanon, Tennessee. Ideally located near Don Fox Community Park and local favorite Snow White Drive-In, this community offers the perfect blend of everyday convenience and small-town charm. You’re also less than two miles from Lebanon’s historic town square, where you can enjoy boutique shopping, local dining, and live music year-round.
Campbell Place features a thoughtfully designed three-bedroom, 2.5-bath townhome, offering a modern layout that fits a variety of lifestyles. Inside, you’ll find stylish finishes including Silestone® countertops throughout, wood-style RevWood flooring, and stainless steel appliances. The open-concept main living area creates a seamless space for both relaxing and entertaining.
Step into the Franklin plan at Campbell Place, one of our floor plans featuring a seamless blend of modern design and functionality. With 4 different exteriors to choose from, these townhomes are sure to turn heads. The Franklin is known for both value and quality, making it a popular plan here at Campbell Place.
Inside this 3 bedroom and 2.5 bath townhome awaits your ultimate comfort. As you enter the home, a modern L-Shaped kitchen greets you. The open-concept kitchen layout overlooks the dining and living area. Downstairs, a secondary bedroom offers the perfect office space, or guest suite. Upstairs, the specious primary bedroom contains a private bath, with a double vanity, and separate linen closet. A third bedroom is also located upstairs, with a full bath located conveniently down the hall.
In every bedroom you will have carpeted floors and a closet for each. The kitchen comes with new and modern features, including silestone countertops and stainless-steel Whirlpool appliances. The Franklin, like all Campbell Place townhomes, includes a smart home technology package that allows you to control your home with your smart device while near or away.
Why It Rents Well
- 3-bedroom, 2.5-bathroom configuration appeals to a broad tenant pool — families, couples, roommates and renters needing office space
- 1,363 square feet over two storeys
- New construction (2026) — modern finishes and lower expected near-term maintenance
- Walkable downtown position — in the heart of downtown Lebanon, under two miles from the historic town square
- Recreation on the doorstep — Don Fox Community Park is nearby
Location Advantages
- In the heart of downtown Lebanon
- Under 2 miles from Lebanon’s historic town square — boutique shopping, local dining and live music
- Don Fox Community Park nearby
- Walkable to local favourites including the Snow White Drive-In
Investment Summary
Campbell Place is a townhome community in the heart of downtown Lebanon, Tennessee, in a B rated area. Homes are priced at $265,000 against estimated rent of $1,950 per month.
At 28% estimated operating expenses that gives a projected 6.1% cap rate and roughly $182 per month in projected cash flow. The $200 monthly HOA is already inside that 28% — not an additional cost on top of it.
Of the three Lebanon communities this is the cheapest entry at $265,000, sits closest to the town square, and carries the lowest neighborhood grade of the three at B. These homes do not include a garage.