5211 Pocanontas Drive, Knoxville, TN 37914

$1,800,000
Property Type: Multi-Family Status: Closed
Current Price: $1,800,000 List Date: 10/06/2023 Last Modified: 2/01/2024

Overview

Description

5211 – 5251 Pocahontas Drive consists of 21 units total. All units are modular units on foundation consisting of 2 bedrooms and 1 bathroom. Each unit is currently occupied and is between 700 – 800 square feet. Many units have recently been renovated with new flooring, kitchen cabinets, gutters, HVACs, and bathroom vanities. The property was recently rent-restricted, but is now able to go to market rent. Current rents are $300-$400 below market. This property is located within 2 miles of Holston Hills Country Club and just 10 minutes east of downtown.

Listing Details MLS# 1242155

Location Tax Legal Info

House #
5211
Street Name
Pocanontas
St Suffix
Drive
State/Province
TN
Zip Code
37914
PIN #
071GC005
Subdivision
Chilhowee Hills Pts 11 12

Contract Info

Auction Y/N
No
Listing Price
1995000

General Property Description

Lot Dimensions
2.24
Number of Units
21
Year Built
1982
Property Status
N/A
Driveway
Paved
Utilities/Mo Avg
0

Status Change Info

Status Change Date
2024-02-01
Under Contract Date
2023-10-13
Sold Date
2024-01-31

Location, Tax & Legal Info

Area
Knox County – 1
City/County Code
City Limits
Total Tax
15409.68

Remarks & Misc

Directions
East on 11 E to LT on N Chilhowee to RT on Cayuga to RT on Iroquois to LT on Pocahantas
Public Remarks
5211 – 5251 Pocahontas Drive consists of 21 units total. All units are modular units on foundation consisting of 2 bedrooms and 1 bathroom. Each unit is currently occupied and is between 700 – 800 square feet. Many units have recently been renovated with new flooring, kitchen cabinets, gutters, HVACs, and bathroom vanities. The property was recently rent-restricted, but is now able to go to market rent. Current rents are $300-$400 below market. This property is located within 2 miles of Holston Hills Country Club and just 10 minutes east of downtown.

More Information

Property Sub-Type

Other
Yes

Construction

Masonry
Yes
Other
Yes

Type of Units

2 Bedroom Unit
Yes

Sale Includes

Building and Land
Yes

Cooling

Central Cooling
Yes

Floors

Laminate
Yes
Vinyl
Yes
Other
Yes

Garage/Parking

On Premise Parking
Yes
On-Street Parking
Yes

Fuel

Other Fuel
Yes

Heat

Central
Yes

Other Rooms

Other
Yes

Roof

Shingle
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Other Type of Units: 2 Bedroom Unit Sale Includes: Building and Land Floors: Laminate; Vinyl; Other Fuel: Other Fuel Heat: Central Cooling: Central Cooling Construction: Masonry; Other Roof: Shingle Other Rooms: Other New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
Listing Office: SVN I Wood Properties
IDX
Office Phone: 865-936-9999
Last Updated: February – 01 – 2024
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.