100% Fully Occupied Investment Single Family Rental Portfolio
Multi-Family
for Sale
Sale Pending
Catylist Listing ID: |
30663867 |
Status: |
Pending |
Number of Units: |
8 Units |
Building Size (RSF): |
7,689 SF |
Gross Building Area: |
See Agent |
Sale Price: |
$384,900 |
Unit Price: |
$48,112.50 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller, Other |
Cap Rate: |
9.56% |
Average Occupancy Rate: |
100 |
Last Updated: |
3/2/2021 |
Overview / Comments
INVESTORS LOOK! 100% OCCUPIED! FIRST TIME OFFERED FOR SALE!!! 8 SINGLE FAMILY HOMES EXCELLENT RENTAL HISTORY. 7 OF THE UNITS ARE LOCATED WITHIN 1/4 OF EACH OTHER. THE REMAINING PREMIUM RENTAL IS IN A HIGHLY DESIRABLE LOCATION OFF OF TAZEWELL PIKE.
PROFESSIONALLY MANAGED! OFFERED AS A PORTFOLIO.
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Additional Details
Nearest MSA: |
Knoxville |
County: |
Knox |
Taxing Authority: |
City of Knoxville |
Tax ID/APN: |
094IB 002, 094ID 026, 094IB 010, 094 IA 008, 059 HA 014 |
Zoning: |
RESIDENTIAL SINGLE FAMILY |
Percent Occupied: |
100% |
Property Located Between: |
Liberty Middlebrook and University and Middlebrook |
Area Description: |
7 units are located just off Middlebrook Pike near Liberty Street. The remaining unit is located off Tazewell Pike. Growing areas with homes being improved in the area and strong demand for rentals. |
Total Number of Buildings: |
8 |
Property Condition: |
Fair |
Number of Stories: |
1 |
Roof Type: |
Gable |
Construction/Siding: |
Wood Siding |
Exterior Description: |
Homes are a mix of wood and vinyl siding. |
Laundry: |
In Each Unit |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
7,227 |
84,292 |
183,769 |
Median Age: |
29.08 |
31.85 |
35.17 |
Households: |
2,859 |
34,301 |
79,011 |
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Neither Knoxville Area Association of REALTORS® nor
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