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318 Forestal Dr, Knoxville, TN 37918

Commercial property for sale

  • Description
  • CASH ON CASH 19.5% BEFORE TAXES. Four all brick duplexes consisting of eight two bedroom one bath ground level garden apartments. Each apartment is metered separately for utilities and has a stove refrigerator, and washer/dryer connections. All units are rented at the rate of $550.00 per month. The location is in Fountain City near the bus line, retail, pharmacies, medical clinics, grocery stores, etc. Each duplex has been updated within the past few months. An additional building pad is available for expanding one more duplex. Approximately 50% of the units are KCDC. All units are below market rents and KCDC rents which adds nicely for future income increase. Building price details: $339,500.
  • Property Details
  • Building Name: Forestal Ridge Apartments
    Property Type: Multifamily
    Use Types: Duplex/Fourplex, Low-Rise/Garden
    Status: Available
    Price: $ 42,438 +/Unit
    MSA: Knoxville
    Zoning: Residential
    Buildings: 4
    Construction: Brick
    Terms: Cash to Seller, Purchase Money Mortgage
    Added: 12/19/2012
  • Exterior Features
  • Parking Type: Surface
  • Contact info
  • 865-297-3290 [Office]
  • Note

  • Details Info about this row that located on 318 Forestal Dr, Knoxville, TN 37918 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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