7542 Chatham Circle, Knoxville, TN 37909
$1,900,000
Property Type:
Multi-Family
Square Footage:
9,932
Status:
Closed
Current Price:
$1,900,000
List Date:
1/16/2024
Last Modified:
6/24/2024
Description
This portfolio consists of 8 single family rental homes in booming Knoxville, Tennessee. It has performed very well with a current occupancy of 100% and historically low vacancy rates. This portfolio will make a great investment to hold or sell them individually to end users once they are not occupied. The properties are priced at a price per door that is below the residential market value.
More Information MLS# 1250239
Location, Tax & Legal Info
Area: Knox County - 1
City/County Code: City Limits
Total Tax: 8724.05
Contract Info
Auction Y/N: No
Listing Price: 2000000
Current Price: $1,900,000
Status: Closed
Listing Date: 2024-01-16
General Property Description
Lot Dimensions: 34.57x118.39xIRR
Utilities/Mo Avg: 0
Property Status: N/A
Driveway: Concrete
SqFt - Total (Aprox): 9932
Number of Units: 8
Year Built: 1984
Remarks & Misc
Directions: To 7542 Chatham Circle: From I-40W take exit 383 towards Weisgarber. Turn right onto N Weisgarber Rd, go for .9 mile. Turn left onto Middlebrook Pk, go for 1.8 mile. Turn right onto Piney Grove Church Rd, go for .3 mile. Turn right onto Glade Hill Dr, go for 0.3 mi. Turn left onto Chatham Cir NW. Property on the left.
Public Remarks: This portfolio consists of 8 single family rental homes in booming Knoxville, Tennessee. It has performed very well with a current occupancy of 100% and historically low vacancy rates. This portfolio will make a great investment to hold or sell them individually to end users once they are not occupied. The properties are priced at a price per door that is below the residential market value.
Property Sub-Type
Other: 1
Construction
Frame: 1
Type of Units
2 Bedroom Unit: 1
3 or more Bdrm Units: 1
Sale Includes
Building and Land: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Laminate: 1
Other: 1
Garage/Parking
On Premise Parking: 1
Fuel
Gas (Natural): 1
Heat
Central: 1
Other Rooms
Other: 1
Roof
Other: 1
Shingle: 1
New Financing
Cash: 1
Conventional: 1
New Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 7542
Street Name: Chatham
St Suffix: Circle
State/Province: TN
Zip Code: 37909
PIN #: 106GG009
Geo Lat: 35.948753
Geo Lon: -84.045948
Status Change Info
Status Change Date: 2024-06-24
Under Contract Date: 2024-05-10
Sold Date: 2024-06-24
Sold Price: $1,900,000
Property Features
Property Sub-Type: Other
Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units
Sale Includes: Building and Land
Floors: Carpet; Laminate; Other
Fuel: Gas (Natural)
Heat: Central
Cooling: Central Cooling
Construction: Frame
Roof: Other; Shingle
Other Rooms: Other
New Financing: Cash; Conventional; New Loan
Showing: See Agent Instructns
Listing Office: SVN I Wood Properties
Office Phone: 865-936-9999
Last Updated: June - 24 - 2024
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.
