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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

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