1908 Sequoyah Ave, Maryville, TN 37804
$1,450,000
Property Type:
Multi-Family
Square Footage:
34,800
Status:
Closed
Current Price:
$1,450,000
List Date:
1/04/2013
Last Modified:
11/16/2019
Description
This property is located within the City limits of Maryvile.It is composed of 26 (2)Br(1.5)Bath townhomes and 2(3)Br(3)Bath townhomes.The property is zoned as condo and multifamily. Each townhome has a washer/dryer connection, balcony, patio, and 2 car garage. All townhomes are individually metered. The 2 bedroom townhomes are 1200 square feet and the 3 bedroom units are 1800 square feet each. Rents are under market rate. Market cap rate is 9.89pct.20
More Information MLS# 826947
Location, Tax & Legal Info
Area: Blount County - 28
City/County Code: County
Total Tax: 1915
General Property Description
Lot Dimensions: 4.5 Acres
Driveway: On-site Parking
SqFt - Total (Aprox): 34800
Number of Units: 28
Year Built: 1975
Remarks & Misc
Directions: Across the street is a private academy and John Sevier Elementary. Blount Memorial Hospital is less than two miles away.
Public Remarks: This property is located within the City limits of Maryvile.It is composed of 26 (2)Br(1.5)Bath townhomes and 2(3)Br(3)Bath townhomes.The property is zoned as condo and multifamily. Each townhome has a washer/dryer connection, balcony, patio, and 2 car garage. All townhomes are individually metered. The 2 bedroom townhomes are 1200 square feet and the 3 bedroom units are 1800 square feet each. Rents are under market rate. Market cap rate is 9.89pct.20
Income/Expenses
Gross Annual Income: 0
Annual Oper Expenses: 0
Property Sub-Type
Apartment: 1
Construction
Frame: 1
Type of Units
2 Bedroom Unit: 1
3 or more Bdrm Units: 1
Townhouse: 1
Sale Includes
Building and Land: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Vinyl: 1
Garage/Parking
On Premise Parking: 1
Tenant Expenses
Tenant Pays All Util: 1
Owner Expenses
Advertising: 1
Common Area Maintenance: 1
Insurance: 1
Lawn Maintenance: 1
Taxes: 1
Fuel
Gas (Natural): 1
Heat
Central: 1
Other Rooms
Other: 1
Roof
Roof Info: Shingle
New Financing
Cash: 1
New Loan: 1
Location Tax Legal Info
House #: 1908
Street Name: Sequoyah
St Suffix: Ave
State/Province: TN
Zip Code: 37804
Geo Lat: 35.767629
Geo Lon: -83.941706
Contract Info
Listing Price: 1600000
Current Price: $1,450,000
Status: Closed
Listing Date: 2013-01-04
Status Change Info
Status Change Date: 2013-06-11
Under Contract Date: 2013-01-23
Sold Date: 2013-06-11
Sold Price: $1,450,000
Property Features
Property Sub-Type: Apartment
Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units; Townhouse
Sale Includes: Building and Land
Floors: Carpet; Vinyl
Tenant Expenses: Tenant Pays All Util
Owner Expenses: Advertising; Common Area Maintenance; Insurance; Lawn Maintenance; Taxes
Fuel: Gas (Natural)
Heat: Central
Cooling: Central Cooling
Construction: Frame
Other Rooms: Other
New Financing: Cash; New Loan
Listing Office: Gloria Gregory Realty
Office Phone: 865-297-3290
Last Updated: November - 16 - 2019
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