$6,550,000
$6,250,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/04/2022
Key Details
Sold Price $6,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Villas At Willow Trace
MLS Listing ID 1151692
Sold Date 01/04/22
Year Built 2008
Source East Tennessee REALTORS® MLS
Property Description
MONEY MAKING INVESTMENT OPPORTUNITY! Total of 34 townhouse style units, 2 duplexes and 3 houses offered in this 39 unit investment package. Gross annual income is currently at $437,400. This is in a great location that is convenient to the hospital and the Parkway but still offers a peaceful setting. Vacancy rate is a non-issue in our market and is a great opportunity for 1031 exchange.
Location
State TN
County Sevier County - 27
Rooms
Other Rooms Other
Interior
Heating Heat Pump, Electric
Cooling Central Cooling
Flooring Laminate, Carpet, Other
Heat Source Heat Pump, Electric
Exterior
Parking Features None, Other
Garage Spaces 1.0
Garage Description Other
Roof Type Shingle, Composition
Total Parking Spaces 1
Garage Yes
Building
Faces South on Veterans Blvd toward Middle Creek Rd, Turn left onto Middle Creek Rd, Turn left onto Ernest McMahan Rd, Slight right onto Pullen Rd, Turn right onto E Dogwood Ln, Turn left to stay on E Dogwood Ln, Turn right onto William Holt Blvd
Structure Type Frame
Others
Tax ID 073 021.01 077
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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