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124 Marine Way

Seymour, TN 37865
  • $2,550,000
  • STATUS: Closed
  • ON SITE: 77 Days
  • ID#: 1187612
Sold - 06/09/2022
$2,550,000
SOLD - 06/09/2022
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,600
    SQFT
  • $118
    $/SQFT
Type:
Multi-Family
Built:
2008
County:
Area:

School Ratings & Info

Description

RARE 24 UNIT APARTMENT COMPLEX IN BOOMING SEYMOUR - BUILT 2008, 2016 & 2018 ALL UNITS ARE 900 SQ FT TOWNHOUSE STYLE ONE BEDROOM APTS - PLUS COUNTY ONLY TAXES!Seller is the original owner developer. This property has been carefully managed & maintained which helps Marine Way be a perfect investment for a turn key investor. Marine Way consists of four individual buildings containing 6 units. Each spacious unit offers all the amenities that residents today require: Central HVAC, washer & dryer connections, stoves, microwaves,, refrigerators, dishwashers, plenty of storage & parking at their door.Please see attached financials including a full rent roll and Sellers actual expenses for 2021 under the documents tab.No sign on the property. Please don't disturb the residents

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© 2022 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Hutch & Howard | Keller Williams 865-966-5005. Information is deemed reliable but is not guaranteed accurate by the MLS or Hutch & Howard | Keller Williams 865-966-5005. Data last updated: 2022-07-01T18:17:31.853.
www.hutchandhoward.com/homes/127719493
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124 Marine Way Seymour, TN 37865

  • Price: $2,700,000
  • Status: Closed
  • On Site: 77 Days
  • Updated: 28 min ago
  • ID#: 1187612
0
Beds
0
Baths
0
½ Baths
N/A
Acres
21,600
SQFT
$118
$/SQFT
2008
Built
County:
Sevier
Area:
Seymour
Property Description
RARE 24 UNIT APARTMENT COMPLEX IN BOOMING SEYMOUR - BUILT 2008, 2016 & 2018 ALL UNITS ARE 900 SQ FT TOWNHOUSE STYLE ONE BEDROOM APTS - PLUS COUNTY ONLY TAXES!Seller is the original owner developer. This property has been carefully managed & maintained which helps Marine Way be a perfect investment for a turn key investor. Marine Way consists of four individual buildings containing 6 units. Each spacious unit offers all the amenities that residents today require: Central HVAC, washer & dryer connections, stoves, microwaves,, refrigerators, dishwashers, plenty of storage & parking at their door.Please see attached financials including a full rent roll and Sellers actual expenses for 2021 under the documents tab.No sign on the property. Please don't disturb the residents
Exterior Features

Construction Frame - Brick Driveway Paved Garage Parking On Premise Parking Lot Size 205X154xirreg Siding BrickVinyl

Interior Features

Appliances MicrowaveRangeRefrigerator Cooling Central Cooling Floors CarpetLaminateVinyl Fuel Electric Heat Central Misc Features Washer/Dryer Connect Other Rooms Other

Property Features

Annual Oper Expenses 94497.00 Auction YN No City County Code County City Taxes 0.00 County Taxes 11176.37 Gross Annual Income 250860.00 Lease Information 24-1+1.5 Townhome Style Units Multifamily Sub Type Apartment Net Operating Income 143823.00 New Financing CashNew Loan Owner Expenses Hvac MaintenanceSewerTaxesTrash CollectionWater Property Status N/A Pud YN No Sale Includes Building And Land Tenant Expenses CoolingElectricityHeating Total Tax 11176.37 Type Of Units 1 Bedroom UnitTownhouse Units Leased 22.00 Utilities Mo Avg 1890.00

Listing information © 2022 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Goldman Partners Realty, Llc.


© 2022 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Hutch & Howard | Keller Williams 865-966-5005. Information is deemed reliable but is not guaranteed accurate by the MLS or Hutch & Howard | Keller Williams 865-966-5005. Data last updated: 2022-07-01T18:17:31.853.
 
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Hutch & Howard | Keller Williams 865-966-5005
11400 Parkside Drive, suite 120
Knoxville TN, 37934