1908 Sequoyah Ave, Maryville, TN 37804

$1,450,000
Property Type: Multi-Family Square Footage: 34,800 Status: Closed
Current Price: $1,450,000 List Date: 1/04/2013 Last Modified: 11/16/2019

Overview

Description

This property is located within the City limits of Maryvile.It is composed of 26 (2)Br(1.5)Bath townhomes and 2(3)Br(3)Bath townhomes.The property is zoned as condo and multifamily. Each townhome has a washer/dryer connection, balcony, patio, and 2 car garage. All townhomes are individually metered. The 2 bedroom townhomes are 1200 square feet and the 3 bedroom units are 1800 square feet each. Rents are under market rate. Market cap rate is 9.89pct.20

Listing Details MLS# 826947

Location Tax Legal Info

House #
1908
Street Name
Sequoyah
St Suffix
Ave
State/Province
TN
Zip Code
37804

Contract Info

Listing Price
1600000

General Property Description

SqFt – Total (Aprox)
34800
Lot Dimensions
4.5 Acres
Number of Units
28
Year Built
1975
Driveway
On-site Parking

Status Change Info

Status Change Date
2013-06-11
Under Contract Date
2013-01-23
Sold Date
2013-06-11

Roof

Roof Info
Shingle

Location, Tax & Legal Info

Area
Blount County – 28
City/County Code
County
Total Tax
1915

More Information

Remarks & Misc

Directions
Across the street is a private academy and John Sevier Elementary. Blount Memorial Hospital is less than two miles away.
Public Remarks
This property is located within the City limits of Maryvile.It is composed of 26 (2)Br(1.5)Bath townhomes and 2(3)Br(3)Bath townhomes.The property is zoned as condo and multifamily. Each townhome has a washer/dryer connection, balcony, patio, and 2 car garage. All townhomes are individually metered. The 2 bedroom townhomes are 1200 square feet and the 3 bedroom units are 1800 square feet each. Rents are under market rate. Market cap rate is 9.89pct.20

Income/Expenses

Gross Annual Income
0
Annual Oper Expenses
0

Property Sub-Type

Apartment
Yes

Construction

Frame
Yes

Type of Units

2 Bedroom Unit
Yes
3 or more Bdrm Units
Yes
Townhouse
Yes

Sale Includes

Building and Land
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Vinyl
Yes

Garage/Parking

On Premise Parking
Yes

Tenant Expenses

Tenant Pays All Util
Yes

Owner Expenses

Advertising
Yes
Common Area Maintenance
Yes
Insurance
Yes
Lawn Maintenance
Yes
Taxes
Yes

Fuel

Gas (Natural)
Yes

Heat

Central
Yes

Other Rooms

Other
Yes

New Financing

Cash
Yes
New Loan
Yes

Property Features

Property Sub-Type: Apartment Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units; Townhouse Sale Includes: Building and Land Floors: Carpet; Vinyl Tenant Expenses: Tenant Pays All Util Owner Expenses: Advertising; Common Area Maintenance; Insurance; Lawn Maintenance; Taxes Fuel: Gas (Natural) Heat: Central Cooling: Central Cooling Construction: Frame Other Rooms: Other New Financing: Cash; New Loan
Listing Office: Gloria Gregory Realty
IDX
Office Phone: 865-297-3290
Last Updated: November – 16 – 2019
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.