28 Townhouses + Lot w/ Plans for 19 Additional Units - Maryville

Multi-Family for Sale
Catylist Listing ID: 30377289
Property Subtypes: Low-Rise/Garden
Number of Units: 28 Units
Building Size (RSF): 33,320 SF
Gross Building Area: See Agent
Gross Land Area: 3.45 - 7.94 Acres
Sale Price: $2,375,000 - 2,725,000
Unit Price: $84,821.43 Per Unit
Building Name: John Sevier Townhouses
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/5/2019

Overview / Comments

Incredible investment opportunity in highly desirable John Sevier area of Maryville. This well maintained complex includes twenty-six 2BR.1.5BA & two 3BR/2.5BA townhouses (28 Total Units). Many premium features in every unit, including two car carport, two covered patios and a covered balcony, in-unit washer & dryer hookups, and much more! Many units completely updated withing past five years. Property is located adjacent to the John Sevier Park & Pool and across the street from John Sevier Elementary & Maryville Academy. Property is being sold exclusively with adjacent lot (including building plans for a previously approved project of 19 additional 2 & 3 bedroom townhouses). Total list price ($2,725,000) includes Townhouses ($2,375,000) & Land ($350,000). Lot Only CIE# #30377569. Seller will only entertain offers on the combined (Townhouses & Land) property or lot/building plans individually.

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount County / City of Maryville
Tax ID/APN: 047k D 002.00
Percent Occupied: 100%
Total Number of Buildings: 3
Year Built: 1975
Parking Description: Individual Carports
Laundry: In Each Unit
Heat Source: Central
Fuel: Gas, Electric
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,680 36,775 68,180
Median Age: 38.62 39.46 40.38
Households: 1,886 14,940 27,345

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