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Price Reduced | North Knox 13 Units

By: Solange Velas, CCIM
4800 scheel townhouses knoxville, tenn.

These spacious North Knoxville townhouses can be operated as rentals or sold as condos.

These spacious two-story townhouse-style apartments feature a rare North Knoxville location and a slew of amenities: stoves, fridges, dishwashers, central heat and air and washer/dryer connections.

Residents pay all utilities including water and sewer. Zoned and recorded as 13 condos + common area. Easy access to I-640, I-75, downtown and UT.

Strong rental history and easy to manage. Buyer may choose to sell as individual condos or continue to operate as rentals.

  • Price: $625,000 (reduced!)
  • Cap rate: 7.59%
  • New roof in 2010

Income-Expense Statements

4800 Scheel Offering Memorandum

Solange Velas, CCIM

Solange Velas, CCIM has been involved in the sale of more than 300 properties in the Knoxville area alone. She is known as the premier multifamily broker in East Tennessee. vCard

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