7542 Chatham Circle, Knoxville, TN 37909
$1,900,000
Property Type:
Multi-Family
Square Footage:
9,932
Status:
Closed
Current Price:
$1,900,000
List Date:
1/16/2024
Last Modified:
6/24/2024
Overview
Description
This portfolio consists of 8 single family rental homes in booming Knoxville, Tennessee. It has performed very well with a current occupancy of 100% and historically low vacancy rates. This portfolio will make a great investment to hold or sell them individually to end users once they are not occupied. The properties are priced at a price per door that is below the residential market value.
Listing Details MLS# 1250239
Location Tax Legal Info
- House #
- 7542
- Street Name
- Chatham
- St Suffix
- Circle
- State/Province
- TN
- Zip Code
- 37909
- PIN #
- 106GG009
Contract Info
- Auction Y/N
- No
- Listing Price
- 2000000
General Property Description
- SqFt – Total (Aprox)
- 9932
- Lot Dimensions
- 34.57×118.39xIRR
- Number of Units
- 8
- Year Built
- 1984
- Property Status
- N/A
- Driveway
- Concrete
- Utilities/Mo Avg
- 0
Status Change Info
- Status Change Date
- 2024-06-24
- Under Contract Date
- 2024-05-10
- Sold Date
- 2024-06-24
Location, Tax & Legal Info
- Area
- Knox County – 1
- City/County Code
- City Limits
- Total Tax
- 8724.05
Remarks & Misc
- Directions
- To 7542 Chatham Circle: From I-40W take exit 383 towards Weisgarber. Turn right onto N Weisgarber Rd, go for .9 mile. Turn left onto Middlebrook Pk, go for 1.8 mile. Turn right onto Piney Grove Church Rd, go for .3 mile. Turn right onto Glade Hill Dr, go for 0.3 mi. Turn left onto Chatham Cir NW. Property on the left.
- Public Remarks
- This portfolio consists of 8 single family rental homes in booming Knoxville, Tennessee. It has performed very well with a current occupancy of 100% and historically low vacancy rates. This portfolio will make a great investment to hold or sell them individually to end users once they are not occupied. The properties are priced at a price per door that is below the residential market value.
More Information
Property Sub-Type
- Other
- Yes
Construction
- Frame
- Yes
Type of Units
- 2 Bedroom Unit
- Yes
- 3 or more Bdrm Units
- Yes
Sale Includes
- Building and Land
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Carpet
- Yes
- Laminate
- Yes
- Other
- Yes
Garage/Parking
- On Premise Parking
- Yes
Fuel
- Gas (Natural)
- Yes
Heat
- Central
- Yes
Other Rooms
- Other
- Yes
Roof
- Other
- Yes
- 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; 3 or more Bdrm Units
Sale Includes:
Building and Land
Floors:
Carpet; Laminate; Other
Fuel:
Gas (Natural)
Heat:
Central
Cooling:
Central Cooling
Construction:
Frame
Roof:
Other; 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: June – 24 – 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.
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it may not be used for any purpose other than to identify prospective properties
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