928 Naomi Drive, Maryville, TN 37804
$1,450,000
Property Type:
Multi-Family
Square Footage:
40,480
Status:
Closed
Current Price:
$1,450,000
List Date:
1/04/2013
Last Modified:
11/16/2019
Overview
Description
This property is a composition of 22 townhomes with 2 bedroom 1.5 baths and 10 garden style apartments with 2 br and 1.5 baths and each has a carport.In addition are 4 garden style apartments with 2 bedrooms and 1 bath. Approximately 30pct. of the units have washer/dryer connections and a coin laundry is on site. Market cap rate is 10.86pct..
Listing Details MLS# 826931
Location Tax Legal Info
- House #
- 928
- Street Name
- Naomi
- St Suffix
- Drive
- State/Province
- TN
- Zip Code
- 37804
Contract Info
- Listing Price
- 1675000
General Property Description
- SqFt – Total (Aprox)
- 40480
- Lot Dimensions
- 4.95 Acres
- Number of Units
- 38
- Year Built
- 1978
- Driveway
- 75 Spaces
Status Change Info
- Status Change Date
- 2013-06-28
- Under Contract Date
- 2013-06-28
- Sold Date
- 2013-06-28
IncomeExpenses
- Net Operating Income
- 139464
Roof
- Roof Info
- Shingle
More Information
Location, Tax & Legal Info
- Area
- Blount County – 28
- City/County Code
- City Limits
- Total Tax
- 31429
Remarks & Misc
- Directions
- The apartment complex is at the end of Namoi Dr which ends in a cul de sac.
- Public Remarks
- This property is a composition of 22 townhomes with 2 bedroom 1.5 baths and 10 garden style apartments with 2 br and 1.5 baths and each has a carport.In addition are 4 garden style apartments with 2 bedrooms and 1 bath. Approximately 30pct. of the units have washer/dryer connections and a coin laundry is on site. Market cap rate is 10.86pct..
Income/Expenses
- Gross Annual Income
- 223851
- Annual Oper Expenses
- 84387
Property Sub-Type
- Apartment
- Yes
Type of Units
- 2 Bedroom Unit
- Yes
Siding
- Brick
- Yes
Sale Includes
- Building and Land
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Carpet
- Yes
- Vinyl
- Yes
Garage/Parking
- On Premise Parking
- Yes
Tenant Expenses
- Cooling
- Yes
- Electricity
- Yes
- Heating
- Yes
- Telephone
- Yes
Owner Expenses
- Advertising
- Yes
- Common Area Maintenance
- Yes
- Insurance
- Yes
- Lawn Maintenance
- Yes
- Sewer
- Yes
- Supplies
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Fuel
- Electric
- 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
Sale Includes:
Building and Land
Floors:
Carpet; Vinyl
Tenant Expenses:
Electricity; Telephone
Owner Expenses:
Advertising; Common Area Maintenance; Insurance; Lawn Maintenance; Sewer; Supplies; Taxes; Trash Collection; Water
Fuel:
Electric
Heat:
Central
Cooling:
Central Cooling
Siding:
Brick
Other Rooms:
Other
New Financing:
Cash; New Loan
Listing Office:
Gloria Gregory Realty
IDX
Office Phone: 865-297-3290
Last Updated: November – 16 – 2019
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