Residential Investment Portfolio

Multi-Family for Sale
Catylist Listing ID: 30792366
Number of Units: 8 Units
Building Size (RSF): 6,487 SF
Sale Price: $990,000
Unit Price: $123,750 Per Unit
Property Use Type: Investment
Usable Size (USF): 6,487 SF
Sale Terms: Cash to Seller
Cap Rate: 7.5%
Average Occupancy Rate: 100
Last Updated: 5/15/2022

Overview / Comments

Do not miss this opportunity!!! Incredible investment portfolio up for grabs including a mix of 7 houses, 2 and 3 bedroom single-family homes, and land. 100% occupancy with 1 house that needs full rehab. Six of the seven houses have gone through various levels of renovations. Each house had separate meters and systems and tenants pay all utilities.

Currently at under-market rents with upside potential as the current rental market is in high demand. Located in growing areas of Knoxville.

Please do not visit the site without an appointment. Please do not disturb management or tenants.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 105LD004, 081BD054, 082FK019, 082EB022,083AG032,082LL007, 082EH006, 082EH00601
Percent Occupied: 100%
Total Number of Buildings: 7
Property Condition: Good
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,059 71,698 149,801
Median Age: 34.21 36.01 37.91
Households: 5,861 31,783 63,968
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