9 Units - East Knoxville

Multi-Family for Sale
Catylist Listing ID: 30833522
Property Subtypes: Duplex/Fourplex
Number of Units: 9 Units
Building Size (RSF): 3,501 SF
Gross Building Area: See Agent
Sale Price: $1,185,000
Unit Price: $131,666.67 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 3/6/2023

Overview / Comments

9 Units located in the Heart of East Knoxville minutes from the new baseball stadium that is being built and Downtown Knoxville. There have been a lot of updates and renovations within the last 12 months and the property is running at 100% occupancy.

Current GOI is $110,700 and the performing just above a 7% cap rate.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 082OS030

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,976 74,853 145,680
Median Age: 34.4 33.13 34.98
Households: 5,387 30,256 62,161

Contact

Photograph of Listing Agent

Kevin Tipton

SVN I Wood Properties
KAAR CIE Member
Photograph of Listing Agent

Jon Roosen

SVN l Wood Properties
KAAR CIE Member
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