Seller Financing - Maryville Home & Mobile Home Rentals

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30281699
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Mobile Home Park, Other
Status: Pending
Number of Units: 2 Units
Building Size (RSF): 1,884 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $104,900
Unit Price: $52,450 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 10.0%
Average Occupancy Rate: 100
Gross Rent Multiplier: 6.72
Last Updated: 8/16/2018

Overview / Comments

Excellent Maryville Rental - Fully Leased - 10 Cap - On One Acre - Seller Will Finance! This well located opportunity is just off 411 S w/easy access to Maryville. Sale includes a very spacious 3 bdrm mobile home, recently renovated and a tidy 2 bedroom + den home. Don't let the outward appearances deceive you. Both of these rentals look great on the inside. Seller will carry a first deed of trust at 5%, amortized over 20 years with a balloon 5 years from closing with approved buyer financials. Strong cash flow & county-only property taxes. Perfect for first time investor. No sign on property. All showings by appointment. Square footage is from tax records, is not guaranteed, and should be verified by buyer.
Take 411 S. Make a left on Calderwood Highway and property will be approximately 1.9 miles on the right. No sign.

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 101 019.00
Percent Occupied: 100%
Airports: Tyson McGhee
Site Description: flat
Total Number of Buildings: 2
Property Condition: Fair
Number of Stories: 1
Year Built: 1946
Year Renovated: 2017
Roof Type: Gable
Parking Type: Surface
Laundry: In Each Unit
Heat Type: Electricity, Space Heaters
Heat Source: Baseboard, Central
Fuel: Electric
Sewer Type: Septic

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,539 32,925
Median Age: 43.5 42.85
Households: 4,793 12,748
The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.