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One Lebanon Place

📍 Lebanon, Tennessee
$339,000
Purchase Price
$2,299
Rental Income
6%
Cap Rate
$187
Cash Flow / mo
4
Bedrooms
3.5
Bathrooms
2,042
Square Feet
2026
Year Built
A-
Neighborhood
24%
Est. Expenses
$146
HOA / mo

Pricing and availability verified · figures are subject to builder change — confirm before relying on them.

One Lebanon Place is a master-planned community of modern townhomes offering onsite amenities including a dog park, playground and picnic area, a convenient suburban location just 30 minutes from downtown Nashville and nearby outdoor recreation.

Explore One Lebanon Place on a guided tour, either in-person or virtually, to learn more about floor plans, pricing, and availability.

Why It Rents Well
  • 4 bedrooms and 3.5 bathrooms — a larger configuration than most townhome rentals offer, reaching families and shared households
  • 2,042 square feet with 2-car parking
  • New construction (2026) — modern finishes and lower expected near-term maintenance
  • Onsite amenities — a dog park, playground and picnic area within the community
  • Commuter position — roughly 30 minutes from downtown Nashville
Location Advantages
  • Roughly 30 minutes from downtown Nashville
  • Onsite dog park, playground and picnic area
  • Outdoor recreation nearby
  • Suburban setting with everyday conveniences in reach

Investment Summary

One Lebanon Place is a master-planned townhome community in Lebanon, Tennessee, about 30 minutes from downtown Nashville, carrying an A- neighborhood grade. Homes are priced at $339,000 against estimated rent of $2,299 per month on 2,042 square feet.

At 24% estimated operating expenses that gives a projected 6% cap rate and roughly $187 per month in projected cash flow. The $146 monthly HOA is already inside that 24% — not an additional cost on top of it.

This is the largest home in the current IPS inventory. The trade is yield: at a 6% cap rate it projects the lowest return of the three Lebanon communities, with the extra space and the A- grade carried in the price.

Community & Home Photos

6%projected cap rate
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