Duplex / Triplex Crossville TN
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30792636 |
| Property Subtypes: |
Duplex/Fourplex
|
| Status: |
Pending/Contingent |
| Number of Units: |
5 Units |
| Building Size (RSF): |
3,868 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.48 Acres
|
| Sale Price: |
$450,000 |
| Unit Price: |
$90,000 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
4/20/2022 |
Overview / Comments
|
Duplex and Triplex consisting on 4 2/1 and a 1/1. All units are leased. 4 are under market on month to month lease and 1 is at market on long term lease. Units built late 1990s and sit on 1.5 acres total. Each building is on separate parcel so you could finance as 1-4 family.
|
Financials
| Finance Data Year |
2021 |
| Real Estate Taxes - Annual($) |
$1,307 (Annual) |
| Gross Operating Income |
$37,800 (Annual) |
| Net Operating Income |
$32,941 (Annual) |
| Actual or Proforma Year |
Actual |
Additional Details
| Nearest MSA: |
Crossville |
| County: |
Cumberland |
| Tax ID/APN: |
018101 00505 |
| Percent Occupied: |
100% |
| Highway Access: |
I40 |
| Airports: |
Crossville Muni , McGee Tyson (Knoxville) 70 miles, Nashville International 100 miles |
| Total Number of Buildings: |
2 |
| Property Condition: |
Good |
| Number of Stories: |
1 |
| Year Built: |
1997 |
| Year Renovated: |
1997 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick, Brick/Vinyl Siding |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,374 |
10,758 |
23,790 |
| Median Age: |
39.42 |
37.69 |
44 |
| Households: |
1,416 |
4,434 |
9,968 |
|
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