Fort Sanders Rental - Student Housing For Sale

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30809237
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 2 Units
Building Size (RSF): 3,618 SF
Gross Building Area: See Agent
Sale Price: $942,500
Unit Price: $471,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.87%
Last Updated: 7/8/2022

Overview / Comments

Located at the corner of Forest Avenue and James Agee Street, this is a great Rental Duplex located in the Fort Sanders neighborhood close to the University of Tennessee. Renovated in 2019, the property has maintained close to a 100% occupancy rate since it was opened. It has laundry in each unit and is already leased for the 2022-2023 rental season. Unlike some Fort Sanders rentals, it has parking on site with additional parking on the street.

Financial information provided upon request and completion of Non-Disclosure. Good rentals in Fort Sanders can be hard to find! Be sure to check this one out and make us an offer!

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 094LN022

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,887 84,634 156,100
Median Age: 23.04 31.66 35.22
Households: 4,840 34,577 66,585


Photograph of Listing Agent

Daniel Odle

Lawler-Wood, LLC KAAR CIE Member
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