928 Naomi Drive, Maryville, TN 37804
$1,450,000
Property Type:
Multi-Family
Square Footage:
40,480
Status:
Closed
Current Price:
$1,450,000
List Date:
1/04/2013
Last Modified:
11/16/2019
Description
This property is a composition of 22 townhomes with 2 bedroom 1.5 baths and 10 garden style apartments with 2 br and 1.5 baths and each has a carport.In addition are 4 garden style apartments with 2 bedrooms and 1 bath. Approximately 30pct. of the units have washer/dryer connections and a coin laundry is on site. Market cap rate is 10.86pct..
More Information MLS# 826931
Location, Tax & Legal Info
Area: Blount County - 28
City/County Code: City Limits
Total Tax: 31429
General Property Description
Lot Dimensions: 4.95 Acres
Driveway: 75 Spaces
SqFt - Total (Aprox): 40480
Number of Units: 38
Year Built: 1978
Remarks & Misc
Directions: The apartment complex is at the end of Namoi Dr which ends in a cul de sac.
Public Remarks: This property is a composition of 22 townhomes with 2 bedroom 1.5 baths and 10 garden style apartments with 2 br and 1.5 baths and each has a carport.In addition are 4 garden style apartments with 2 bedrooms and 1 bath. Approximately 30pct. of the units have washer/dryer connections and a coin laundry is on site. Market cap rate is 10.86pct..
Income/Expenses
Gross Annual Income: 223851
Annual Oper Expenses: 84387
Property Sub-Type
Apartment: 1
Type of Units
2 Bedroom Unit: 1
Siding
Brick: 1
Sale Includes
Building and Land: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Vinyl: 1
Garage/Parking
On Premise Parking: 1
Tenant Expenses
Cooling: 1
Electricity: 1
Heating: 1
Telephone: 1
Owner Expenses
Advertising: 1
Common Area Maintenance: 1
Insurance: 1
Lawn Maintenance: 1
Sewer: 1
Supplies: 1
Taxes: 1
Trash Collection: 1
Water: 1
Fuel
Electric: 1
Heat
Central: 1
Other Rooms
Other: 1
Roof
Roof Info: Shingle
New Financing
Cash: 1
New Loan: 1
Location Tax Legal Info
House #: 928
Street Name: Naomi
St Suffix: Drive
State/Province: TN
Zip Code: 37804
Geo Lat: 35.764235
Geo Lon: -83.938472
Contract Info
Listing Price: 1675000
Current Price: $1,450,000
Status: Closed
Listing Date: 2013-01-04
Status Change Info
Status Change Date: 2013-06-28
Under Contract Date: 2013-06-28
Sold Date: 2013-06-28
Sold Price: $1,450,000
IncomeExpenses
Net Operating Income: 139464
Property Features
Property Sub-Type: Apartment
Type of Units: 2 Bedroom Unit
Sale Includes: Building and Land
Floors: Carpet; Vinyl
Tenant Expenses: Electricity; Telephone
Owner Expenses: Advertising; Common Area Maintenance; Insurance; Lawn Maintenance; Sewer; Supplies; Taxes; Trash Collection; Water
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Siding: Brick
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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