Listed by PWA Properties
$1,450,000
10 Unit Single Family & Multifamily Portfolio
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 9,415
Units 10
Occupancy 80%
Price per SqFt $154
Year Built 2009
Buildings 9
Stories 1
Zoning R1
Investment Type Value Add
Sale Condition For sale by owner
East TN Multifamily | 10 Unit Portfolio
Marketing description
This 10 unit portfolio consists of 7 single family rentals, 1 duplex, and 1 mobile home. The properties span across Knoxville, Maryville, Sevierville, and Seymour with easy access to numerous employers and local amenities. Many of the units have been recently renovated. 8 out of the 10 units are occupied, with the vacant units being under renovation. Tenants pay all utilities. Knoxville and its surrounding areas are currently experiencing a significant population influx, driven by strong job growth and low cost of living which has increased the rental demand in the area.
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Listed by PWA Properties
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