Great Multi purpose Building for sale

Special Purpose for Sale
Catylist Listing ID: 30630426
Building Size (RSF): 6,570 SF
Gross Building Area: See Agent
Sale Price: $355,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2020

Overview / Comments

The property is 1.3 acres with a 6570 sq. ft multilevel building. The property is currently being used as a Female Dorm for Roane St. College. The outside walls are Brick Veneer, roof composite shingle, Flooring is carpet and laminate, interior wall are drywall - painted, there is central heating and air system. The lower level consists of a common kitchen, dining room, 2 laundry rooms, and 6 dorm rooms with showers and restrooms. The upper level is an entertainment recreational space with additional dorm rooms. The dorm operates at full rental capacity with a waiting list. Revenue and expense history will be proved with approved showing.

Additional Details

Nearest MSA: Knoxville
County: Roane
Tax ID/APN: 073045 02404
Property Visibility: Good
Largest Nearby Street: S. Roane St.
Feet of Frontage: 250
Airports: KNX
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,570 SF
Property Condition: Good
Year Built: 1990
Construction/Siding: Brick
Exterior Description: The outside walls are Brick Veneer, roof composite shingle.
Parking Type: Surface
Parking Description: 25 spaces
Heat Type: Electricity, Natural Gas
Heat Source: Baseboard, Central
Interior Description: Flooring is carpet and laminate, interior wall are drywall - painted, there is central heating and air system. The lower level consists of a common kitchen, dining room, 2 laundry rooms, and 6 dorm rooms with showers and restrooms. The upper level is an entertainment recreational space with additional dorm rooms.
Lot Frontage: 1.3 acres
Water Service: Municipal
Sewer Type: Septic
Easements: Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,045 17,941
Median Age: 45.74 44.3
Households: 2,871 7,373

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