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1432 William Holt , 39 Units/Multip

Sevierville, TN 37862
  • $6,250,000
  • STATUS: Active Under Contract
  • ON SITE: 209 Days
  • ID#: 242272
Under Contract
$6,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,320
    SQFT
  • $4,735
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2015
County:
Area:

School Ratings & Info

Listing courtesy of Parkway Realty.


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.

Monthly Payment Calculator

Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2021-12-01T00:15:30.907.
www.realestatewithsuzanne.com/homes/116782546
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1432 William Holt , 39 Units/Multip Sevierville, TN 37862

  • Price: $6,250,000
  • Status: Active Under Contract
  • On Site: 209 Days
  • ID#: 242272
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,320
SQFT
$4,735
$/SQFT
2015
Built
Neighborhood:
Willow Trace
County:
Sevier
Area:
Sevierville
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.
Exterior Features

Access County RoadPaved Construction Frame Exterior Features Paved ParkingOnsite Parking Parking 2

Interior Features

Basement Finished-All Bonus Rooms No Cooling Central ElectricElectric Heat Pump Heating CentralElectric Heat Pump

Property Features

Annual Tax 23356.00 Commercial Type Fee Simple Improved Current Use Apartment District 4 Gross Rent Amount One 437400.00 Gross Rent One Year 2020 Lot Block Unit 112 Monthly Lease Amount 36450.00 Owner Financing No Proposed Financing CashConventional1031 Exchange Restrictive Covenants Yes Suitable Use Apartment Tax Year 2020 Zoning R-1 Zoning Entity Sevier County

Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Parkway Realty | Office Phone: 8653252793 .

Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2021-12-01T00:15:30.907.
 
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Suzanne Walls with eXp Realty
200 E Broadway Ave Suite 504
Maryville TN, 37804
Listing courtesy of Parkway Realty.