Catylist ID:
#30813056
6 Homes In and Around Knoxville for Rental Opportunity!
Multi-Family
for Sale
Call for Offers
| Catylist Listing ID: | 30813056 |
| Property Subtypes: | Mixed Use |
| Number of Units: | 6 Units |
| Building Size (RSF): | 1,325 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.40 Acres |
| Sale Price: | $920,000 |
| Unit Price: | $153,333.33 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Call for Offers: | Yes |
| Cap Rate: | 7.61% |
| Last Updated: | 8/4/2022 |
Overview / Comments
|
Investor Special! 6 home single-family portfolio with almost 8% cap rate! All homes are currently rented, and tenants pay on time. Utilities paid by tenants. Rent is currently based below market value, and with the high rental demand, a great opportunity exists to capitalize on an increase. Portfolio is not to be split, and please do not disturb tenants. Properties can be viewed by scheduled appointment only. Addresses listed on rent roll. Don’t miss out on this great opportunity!! |
Additional Details
| Nearest MSA: | Knoxville |
| County: | Knox |
| Tax ID/APN: | 059PE013, 059PE014, 070PD036, 056PB004, 109CG005, & 094HP029 |
| Percent Occupied: | 100% |
| Airports: | McGhee Tyson Airport |
| Roof Type: | Gable |
| Construction/Siding: | Vinyl Siding |
| Laundry: | In Each Unit |
| Fuel: | Gas |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,602 | 31,569 | 92,293 |
| Median Age: | 39.62 | 38.84 | 36.96 |
| Households: | 2,996 | 12,533 | 37,495 |
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