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

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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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