2 Rental Properties in Springbrook Alcoa

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30834020
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 2 Units
Building Size (RSF): 1,656 SF
Gross Building Area: See Agent
Sale Price: $470,000
Unit Price: $235,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Springbrook Cottages
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 2/26/2023

Overview / Comments

2 great updated rental cottages in the very popular Springbrook area of Alcoa. Both are currently leased for $1600 per month. Call listing agent for a list of updates that have been done and terms of current leases.

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 005036EE02300
Percent Occupied: 100%
Property Located Between: Springbrook Park and Alcoa Elementary
Highway Access: 129 South
Airports: TYS
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 1
Year Built: 1944
Year Renovated: 2022
Construction/Siding: Vinyl Siding
Laundry: In Each Unit
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,204 29,292 63,327
Median Age: 35.16 39.17 39.64
Households: 1,370 12,328 25,896

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