5211 Pocahontas Drive, Knoxville, TN 37914

$2,495,000
12,600
SqFt
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List Price
$2,495,000
Status
ACTIVE
Days on Market
166
Price Change
▼ $200,000 1793823618
MLS#
1342605
Subtype
Residential Income
Year Built
1982
Living Area
12,600
Lot Size
2
Subdivision
Chilhowee Hills Pt Lots 1-10
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Property Description

PRICE IMPROVEMENT! 21 Individual units in Knoxville, TN.$118k per door - 8.61% Cap Rate - $215k T-12 NOI. Avg rent of $1415 per unit. 5211-5251 Pocahontas Dr. 21 units feature 2 beds 1 bath, washer and dryer connections, balcony decks, and plenty of parking in a residential wooded neighborhood. Renovations include all light fixtures, upgraded decks, redone parking lot, LVP flooring, interior paint and upgraded appliances. Numerous HVACs and water heaters have been replaced. Consists of newer plumbing and metal roofs. Conveniently located off Asheville Hwy, 10 min from downtown Knoxville, 2 min from I-40, and 15 min from Sevierville.

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Additional Information

Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Frame
Middle School
Holston
High School
Austin East/Magnet
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Listing courtesy of Ivann Garcia of Sexton Real Estate Services, Inc..

Agent: Ivann Garcia |

Office: Sexton Real Estate Services, Inc. |