1432 William Holt Blvd, Sevierville, TN 37862
$6,550,000
Property Type:
Multi-Family
Status:
Closed
Current Price:
$6,550,000
List Date:
8/10/2021
Last Modified:
1/05/2022
Description
MONEY MAKING INVESTMENT OPPORTUNITY! Total of 34 townhouse style units, 2 duplexes and 3 houses offered in this 39 unit investment package. Gross annual income is currently at $437,400. This is in a great location that is convenient to the hospital and the Parkway but still offers a peaceful setting. Vacancy rate is a non-issue in our market and is a great opportunity for 1031 exchange.
More Information MLS# 1151692
Location, Tax & Legal Info
Area: Sevier County - 27
City/County Code: County
Total Tax: 575.21
Contract Info
Auction Y/N: No
Listing Price: 6250000
Current Price: $6,550,000
Status: Closed
Listing Date: 2021-05-04
General Property Description
Lot Dimensions: 0
Utilities/Mo Avg: 0
Property Status: N/A
Driveway: Private
Number of Units: 39
Year Built: 2008
Remarks & Misc
Directions: South on Veterans Blvd toward Middle Creek Rd, Turn left onto Middle Creek Rd, Turn left onto Ernest McMahan Rd, Slight right onto Pullen Rd, Turn right onto E Dogwood Ln, Turn left to stay on E Dogwood Ln, Turn right onto William Holt Blvd
Public Remarks: MONEY MAKING INVESTMENT OPPORTUNITY! Total of 34 townhouse style units, 2 duplexes and 3 houses offered in this 39 unit investment package. Gross annual income is currently at $437,400. This is in a great location that is convenient to the hospital and the Parkway but still offers a peaceful setting. Vacancy rate is a non-issue in our market and is a great opportunity for 1031 exchange.
Income/Expenses
Gross Annual Income: 437400
Property Sub-Type
Duplex: 1
Five or Six Plex: 1
House Converted: 1
Construction
Frame: 1
Type of Units
2 Bedroom Unit: 1
3 or more Bdrm Units: 1
Townhouse: 1
Sale Includes
Building Only: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Laminate: 1
Other: 1
Garage/Parking
Garage Spaces: 1
None: 1
Other: 1
Fuel
Electric: 1
Heat
Heat Pump: 1
Other Rooms
Other: 1
Roof
Composition: 1
Shingle: 1
New Financing
Cash: 1
Conventional: 1
Location Tax Legal Info
House #: 1432
Street Name: William Holt
St Suffix: Blvd
State/Province: TN
Zip Code: 37862
PIN #: 073 021.01 077
Subdivision: Villas At Willow Trace
Geo Lat: 35.837133
Geo Lon: -83.529989
Status Change Info
Status Change Date: 2022-01-05
Under Contract Date: 2021-10-08
Sold Date: 2022-01-04
Sold Price: $6,550,000
Property Features
Property Sub-Type: Duplex; Five or Six Plex; House Converted
Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units; Townhouse
Sale Includes: Building Only
Floors: Carpet; Laminate; Other
Fuel: Electric
Heat: Heat Pump
Cooling: Central Cooling
Construction: Frame
Roof: Composition; Shingle
Other Rooms: Other
New Financing: Cash; Conventional
Listing Office: Parkway Realty
Office Phone: 865-325-2793
Last Updated: January - 05 - 2022
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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