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: |
7/22/2024 |
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 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
2,642 |
6,048 |
| Median Age: |
41.67 |
42.51 |
| Households: |
1,035 |
2,450 |
|
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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.
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