13 Home SFR for Sale in Crossville, TN

Multi-Family for Sale
Catylist Listing ID: 30831964
Number of Units: 13 Units
Building Size (RSF): 10,113 SF
Gross Building Area: See Agent
Gross Land Area: 1.61 Acres
Sale Price: $2,000,000
Unit Price: $153,846.15 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/15/2023

Overview / Comments

Immediate Cash flow opportunity in the Crossville Area. This portfolio contains 13 Rental Homes. One parcel has 9 single family homes, which are 2BD/1BA (729 sq ft). The other parcel has 2 homes which are 3BR/2BA (1,008 sq ft), and 2 homes which are 2BD/1BA (768 sq ft). The nine single family homes where built in 2009 and are located right across the road from Cumber County High School. The other four homes were built in 2020. All units are located near major employers such as the Post office, Sherriff's Department, Lowe's, Nursing homes and more. This will keep tenants attracted to these units. However, all units are occupied with on time renters. There is some room for changes in financials to make this already great cash flow opportunity even better. Contact listing agents for financials.

Additional Details

Nearest MSA: Crossville
County: Cumberland
Tax ID/APN: 018113G A 00600
Construction/Siding: Vinyl Siding
Heat Type: Electricity
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 113G A 006.00 , 100K B 021.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,575 15,808 22,611
Median Age: 39.03 41.26 43.73
Households: 1,010 6,547 9,448


Photograph of Listing Agent

David Edens

Keller Williams ETNRCRE Member
Photograph of Listing Agent

Tera Stanton

Keller Williams ETNRCRE Member
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