This portfolio features 17 units with 8 single family rental homes, one duplex, one triplex, one quadplex, and one vacant lot. The property brings in gross monthly rents of $14,500, but with three vacancies the potential gross monthly rents is $18,346. The properties are located across Knoxville with easy access to the interstate, downtown, and various retailers and amenities. Tenants pay all utilities at the properties except for common water at the quadplex which is billed back to the tenants. Recent cap ex has been completed at all properties including new flooring, paint, HVACs, roofs, kitchens, bathrooms, and more.
Addresses:
710 Avenue A - Duplex
1319 Lundy Rd
1725 Crestview St
2152 Dandridge Ave - Triplex
2722 Jefferson Ave
2913 Sanders Drive
3900 Alma Avenue
5410 Colonial Cir - Quadplex
1903 Mississippi Ave
11240 Yarnell Rd
11242 Yarnell Rd - Vacant Lot
11244 Yarnell Rd