Four Unit - Fort Sanders Rental For Sale

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30809278
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 5,150 SF
Gross Building Area: See Agent
Sale Price: $1,185,000
Unit Price: $296,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.98%
Last Updated: 7/8/2022

Overview / Comments

Located on Laurel Avenue, close to 17th Street, this is a great Rental Fourplex 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 on site 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: 094NL018
Zoning: RN-5

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,887 80,836 158,803
Median Age: 23.04 31.52 35.13
Households: 4,840 33,040 67,901

Contact

Photograph of Listing Agent

Daniel Odle

Lawler-Wood, LLC KAAR CIE Member
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