Rocky Top Portfolio

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30808950
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 39 Units
Building Size (RSF): 29,616 SF
Gross Building Area: See Agent
Sale Price: $3,100,000
Unit Price: $79,487.18 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.52%
Last Updated: 9/27/2022

Overview / Comments

This Rocky Top, TN portfolio offers three separate value-add properties and one additional parcel containing a single family home and additional land. There is a total of 39 units and an office at 1139 S Main for 40 total rentable spaces.

1139 S Main - 18 Units
520 7th Street - 1 Unit
504 7th Street - 13 Units
710 Glenn Ave - 7 Units

Do Not Disturb Tenants At Anytime. Please contact agent for more information.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Tax ID/APN: 018E F 025.00, 018E F 025.00, 019H A 002.00, 019I A 019.00
Highway Access: Properties located just over a mile off of the Main Street exit of I-75.
Total Number of Buildings: 8
Property Condition: Good
Number of Stories: 1
Roof Type: Gable
Parking Type: Surface
Heat Source: Baseboard
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,100 7,129 16,999
Median Age: 42.76 43.53 42.54
Households: 1,246 2,884 6,820

Contact

Photograph of Listing Agent

Matthew Strother

SVN I Wood Properties KAAR CIE Member
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