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

Overview

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.

Listing Details MLS# 1151692

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

Contract Info

Auction Y/N
No
Listing Price
6250000

General Property Description

Number of Units
39
Year Built
2008
Property Status
N/A
Driveway
Private
Lot Dimensions
No
Utilities/Mo Avg
0

Status Change Info

Status Change Date
2022-01-05
Under Contract Date
2021-10-08
Sold Date
2022-01-04

Location, Tax & Legal Info

Area
Sevier County - 27
City/County Code
County
Total Tax
575.21

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.

More Information

Income/Expenses

Gross Annual Income
437400

Property Sub-Type

Duplex
Yes
Five or Six Plex
Yes
House Converted
Yes

Construction

Frame
Yes

Type of Units

2 Bedroom Unit
Yes
3 or more Bdrm Units
Yes
Townhouse
Yes

Sale Includes

Building Only
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Laminate
Yes
Other
Yes

Garage/Parking

Garage Spaces
1
None
Yes
Other
Yes

Fuel

Electric
Yes

Heat

Heat Pump
Yes

Other Rooms

Other
Yes

Roof

Composition
Yes
Shingle
Yes

New Financing

Cash
Yes
Conventional
Yes

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
IDX
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. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.