3713 Washington Pike, Knoxville, TN 37917

$2,181,000
9,535
SqFt
List Price
$2,181,000
MLS#
1218380
Status
ACTIVE
Type
Multifamily
City
Knoxville
County
Knox County - 1
Living Area
9,535
Year Built
1920
Pin Number
070GF009

Property Description

5 Structures including 11 total units: 9 short term rentals, 1 Long term rental and 1 Office space totally renovated turnkey. This office is the current headquarters of Unique Construction. Existing & projected financials are through May of 2022 and on runrate to project the cap rate of 8.76%. The seller is willing to transfer the existing Airbnb account with over 200 reviews to the new investor.Seller has over $700,000 In capital improvements across the units for a turnkey solution to potential investors. Airbnbs have shown an amazing track record of financials so far in 2022 with plenty of room for growth. Full pro-forma and additional photos available upon request. See supplemental for full list of all addresses & info included.

Additional Information

Appliances
Other
City County Code
City Limits
Construction
Frame
Cooling
Ceiling Fan(s), Central Cooling
Floors
Other
Garage
Off-Street Parking, On Premise Parking, On-Street Parking
Living Area
9,535
Lot Dimensions
100 x 100
Other Rooms
Other
Subdivision
Earl E Vera Mccampbells Pt 2
Year Built
1920

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Young Marketing Group, Realty Executives.

Agent: Carl Young | carl@ymgproperties.com

Office: Young Marketing Group, Realty Executives | (865) 281-1321