PROPIEDAD EN VENTA
$4,200,000
535 Old Knoxville Hwy Newport, TN 37821
18,582
Sq. ft
Est. mensual: $15,066 Recalcular
Cortesía de Realty Executives Associates
535 Old Knoxville Hwy Newport, TN 37821
Cortesía de Realty Executives Associates
Acerca de esta propiedad
Multifamiliar (2-4 unidades)Número de MLS: #1283461
Prime Investment Opportunity: Modern 19 Unit Complex with High Growth PotentialNewly constructed 19 unit Multi-Family complex spanning a total of 4.23 acres, offers an exceptional investment opportunity with a solid cap rate. The complex includes six buildings with three townhouse-style units each, plus a .54-acre lot featuring a single-family house with 2,382 square feet with 4 bedrooms and 3 baths, bringing versatility to your investment portfolio.
The triplexes, built in 2023, feature two-story townhouse layouts, 2-bedroom units with 1.5 baths, granite countertops, stainless steel appliances, NuCore LVP flooring, knock-down walls for durability, private decks, a full laundry closets on the main floor, keyless entry, and 2 parking spaces per unit. Each unit is individually metered, with renters responsible for their own utilities, making them efficient and low-maintenance.
The split-level home spans 2,382 square feet, currently offering additional rental income and could possibly provide room for development or expansion for future triplexes.
Additionally, the complex includes an income-generating billboard leased to Lamar Advertising on an annual contract, up for renegotiation in 2025, providing an added revenue stream.
Occupancy rates have remained consistently strong, averaging 95-100%. Renters are responsible for their own utilities, reducing ongoing costs for the property owner. With room for further development, and an impressive cap rate, the property is a turnkey asset with substantial growth potential.
Strategically located just 5 minutes to Interstate 40, this property offers convenient access to shopping, dining, and other essentials, making it highly attractive to renters. Don't miss the chance to add this high-performing, low-maintenance asset to your portfolio.
Características de la propiedad
| Antigüedad: | 1-5 años de antigüedad |
|---|---|
| Amenidades: | Cubierta, Puerto |
| Equipamiento: | Lavavajilla, Microondas, Cocina, Heladera, Lavarropa |
| Estilo arquitectónico: | Otro |
| Tipo de fachada exterior: | Bloque, Revestimiento Vinílico |
| Pisos: | Vinílico |
| Sistema de calefacción: | Calefacción central |
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| Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
|---|---|---|---|---|
| Cocke County High School | 0.9 mi | Public | 9-12 | C- |
| Cocke County Adult High School | 0.9 mi | Public | 9-12 | |
| Newport Grammar School | 1.3 mi | Public | PK-8 | A- |
| Northwest Elementary School | 2.2 mi | Public | PK-8 | D+ |
| Edgemont Elementary School | 2.7 mi | Public | PK-8 | B- |
| Bridgeport Elementary School | 4.7 mi | Public | KG-8 | B- |
Estos datos se suministran exclusivamente con fines informativos, y no se los deberá usar como base a la hora de decidir comprar una propiedad residencial. Los datos sobre los centros de enseñanza no garantizan la inscripción en estos. Tenga a bien contactar a un profesional inmobiliario local o al (a los) distrito(s) escolar(es) loca(es), para obtener información actualizada sobre los centros de enseñanza de la zona. La finalidad de esta información no es determinar si una persona es elegible para asistir a un centro de enseñanza ni para usar o beneficiarse de los servicios de otra ciudad, pueblo o localidad.
Edad promedio
44.7
Casados
48%
Número de hogares
9,551
Hogares con niños
33%
Comunidad:
Población por edades
Población por grupos étnicos
Población por nivel educativo
Hogares por nivel de ingresos
Datos no disponibles
Tipos de ocupación
Transporte al trabajo