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.


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

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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


Photograph of Listing Agent

Sam Scarlett

eXp Realty, LLC KAAR CIE Member
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