1326 Willow Creek Ln

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30541399
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 8 Units
Building Size (RSF): 5,472 SF
Gross Building Area: See Agent
Gross Land Area: 1.74 Acres
Sale Price: $575,000
Unit Price: $71,875 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 12/20/2019

Overview / Comments

Awesome Apartment Complex opportunity, located close to Douglas Lake, and has six one-bedroom units and two two-bedroom units, on three tracts, 100% occupancy. The homes are well maintained. All roofs replaced in 2013, a new HVAC unit in 2013, and 2017, and a new drain field added in 2016. This turnkey project has a new Property Management Company and would stay if desired. The properties enjoyed full occupancy for the past several years and is a substantial investment for the savvy investor.

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 078018 03727
Total Number of Buildings: 3
Year Built: 1995

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,970 28,515
Median Age: 41.33 40.49
Households: 3,132 11,078


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