13 Home SFR for Sale in Crossville, TN
Multi-Family
for Sale
| Catylist Listing ID: |
30831964 |
| Number of Units: |
13 Units |
| Building Size (RSF): |
10,113 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.61 Acres
|
| Sale Price: |
$2,000,000 |
| Unit Price: |
$153,846.15 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
5/15/2023 |
Overview / Comments
|
Immediate Cash flow opportunity in the Crossville Area. This portfolio contains 13 Rental Homes. One parcel has 9 single family homes, which are 2BD/1BA (729 sq ft). The other parcel has 2 homes which are 3BR/2BA (1,008 sq ft), and 2 homes which are 2BD/1BA (768 sq ft). The nine single family homes where built in 2009 and are located right across the road from Cumber County High School. The other four homes were built in 2020. All units are located near major employers such as the Post office, Sherriff's Department, Lowe's, Nursing homes and more. This will keep tenants attracted to these units. However, all units are occupied with on time renters. There is some room for changes in financials to make this already great cash flow opportunity even better. Contact listing agents for financials.
|
Additional Details
| Nearest MSA: |
Crossville |
| County: |
Cumberland |
| Tax ID/APN: |
018113G A 00600 |
| Construction/Siding: |
Vinyl Siding |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
113G A 006.00 , 100K B 021.00 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,575 |
15,808 |
22,611 |
| Median Age: |
39.03 |
41.26 |
43.73 |
| Households: |
1,010 |
6,547 |
9,448 |
|
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The information presented herein is provided as is, without warranty of any kind.
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