Lucrative Short Term Rental in West Hills

Special Purpose for Sale
Sale Pending
Catylist Listing ID: 30775263
Status: Pending
Building Size (RSF): 3,728 SF
Gross Building Area: 4,300 SF
Gross Land Area: 0.57 Acres
Sale Price: $530,000
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 1/18/2022

Overview / Comments

Airbnb has generated $100K+ since September 2018. This spacious renovated basement rancher on a beautiful half-acre lot in the heart of very desirable West Hills is ideal for a young investor wanting a primary residence upstairs and operate a legally permitted short term rental in the lower level of the home.
3/2 upstairs: 2162 SF.
2/2 downstairs: 1566 SF + Garage.
5BR, 4BA.
2 kitchens, 2 laundries, 2 parking lots, and 2 levels.
Circle Driveway will be finished in November.

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knoxville
Tax ID/APN: 120CC001
Zoning: R-1
Property Located Between: West Hills Rd and Sheffield Dr
Property Visibility: Excellent
Largest Nearby Street: West Hills
Highway Access: I-40/75: 1 mile Kingston Pike: 1/2 mile
Airports: McGhee Tyson: 16 miles
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,162 SF
Property Condition: Excellent
Year Built: 1959
Year Renovated: 2021
Construction/Siding: Brick
Parking Type: Other
Parking Description: 2 parking lots with approximately 9-10 parking spaces. Circle Driveway will be finished in November.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,186 69,486 163,561
Median Age: 37.38 36.48 36.23
Households: 4,807 31,570 69,683
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