This investment opportunity contains 6 structures totaling 8,618 SF (per tax records). There are (4) 2 story, 3 bedroom 2 bath homes with 1,296 SF each. There are also (2) 1 story, 2 bedroom 1 bath units with 1,717 SF ea. or 859 SF in each of the 4 apartments.This complex is Section 8 approved and the rental rates currently are: $890.00 for 3 of the homes, and $825.00 for the 4th home. Again, the SF for each home is 1,296 SF. The 4 apartments rent for $590.00 (for 3) and $625.00 for the 4th. See financials for possible NOI. GRM is 8.7.The homes were built in 2007 and the apartment buildings in 2001. Good Return on Invested Capital for this investment!
Off market
Zestimate®
$1,354,500
108-118 Howard St, Maryville, TN 37804
--beds
0baths
8,618sqft
MultiFamily
Built in 2001
-- sqft lot
$1,354,500 Zestimate®
$157/sqft
$1,289 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total interior livable area: 8,618 sqft
Property
Lot
- Size: 0.84 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 2001
Community & neighborhood
Location
- Region: Maryville
Other
Other facts
- Cooling: Central Cooling
- Floors: Other
- Heat: Heat Pump
- Other Rooms: Other
- Type of Units: 3 or more Bdrm Units, 2 Bedroom Unit
- Garage/Parking: On Premise Parking
- Property Sub-Type: Duplex, Apartment
- Construction: Concrete Block, Frame, Frame - Brick
- Fuel: Gas (Natural)
- SqFt - Source: Tax Records
- Exclusive Agency: Yes