Multi-Family Rentals & Storage - Norris Lake, TN

Multi-Family for Sale
Catylist Listing ID: 30872258
Property Subtypes: Low-Rise/Garden
Number of Units: 10 Units
Building Size (RSF): 3,756 SF
Gross Building Area: See Agent
Gross Land Area: 2.07 SF
Sale Price: $1,100,000
Unit Price: $110,000 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2024

Overview / Comments

4 lots for a total 2.07+/- acres with a 5 unit apartment complex, 2 houses and 3 trailer rental properties. A coin operated laundry facility and 5 self-storage units enhancing convenience for tenants and providing additional income. This investment promises stable rental returns. $100K+ potential NOI.

Additional Details

Nearest MSA: Knoxville
County: Union
Tax ID/APN: 036 05301
Zoning: NONE

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,642 6,048
Median Age: 41.67 42.51
Households: 1,035 2,450

Contact

Photograph of Listing Agent

Stephanie L Gilezan

EXP Realty LLC KCREA Member
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.