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Updated 11 months ago on .

User Stats

120
Posts
48
Votes
Cory King
  • Real Estate Agent
  • Knoxville, TN
48
Votes |
120
Posts

Oak Ridge TN Single Family Portfolio - Avg $150k per door

Cory King
  • Real Estate Agent
  • Knoxville, TN
Posted

off market right now in Oak Ridge, TN. There's 2 others available currently yet these are my 2 picks. Pretty turnkey, the 2nd a little more value add needed. $300k for the pair. Would likely be higher if sold separately.

https://drive.google.com/drive/folders/1Qxq3gYDbxKDLfr96_dMer7e4Y2ZpgPGg?usp=drive_link
https://drive.google.com/drive/folders/1ZvFCLIAZIe26jC5inujylEfjXOBobXrp?usp=drive_link

Under rented currently. All tenants on month to month lease.

Upside on most of these is going to be in the 215k-245k range w/ market rents around $1200-$1600/mo. There is a play here for mid term rentals and hit a 1% rule or slightly better and get over $2k, but you'd also have to factor the carrying cost of utilities.

Active/Sold Compshttps://www.flexmls.com/share/ASK5x/Selected

MTR compshttps://www.furnishedfinder.com/property/682957_1
https://www.furnishedfinder.com/property/574229_1
https://www.furnishedfinder.com/property/608762_1
https://www.furnishedfinder.com/property/608762_2
https://www.furnishedfinder.com/property/676529_1

Below is a link to a google drive with property photos, rent rolls & insurance info.
https://drive.google.com/drive/folders/1NK7aLQBB3_NSuRX9ATHEM8bAoQfHKAI2?usp=drive_link

144 parsons rd, 101 s tampa, 185 s purdue, 208 northwestern, 183 purdue, & 514 pennsylvania are off the table for now. 

oak ridge is known for good school systems, local parks/river frontage, proximity to west knoxville and being home to the oak ridge national laboratory as a big employer.

Lemme know if you know anyone who'd be interested or should check these out. Let's put a deal together!

  • Cory King