5211 Pocahontas DR, Knoxville, TN 37914
5211 Pocahontas DR, Knoxville, TN 37914
5211 Pocahontas DR, Knoxville, TN 37914
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$2,495,000
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12,600 SqFt
Price Dropped by $200K

5211 Pocahontas DR Knoxville, TN 37914

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,600 sqft

Price per Sqft $198

Subdivision Chilhowee Hills Pt Lots 1-10

MLS Listing ID 1342605

Year Built 1982

Lot Dimensions 722x145xIRR

Source East Tennessee REALTORS® MLS

Property Description

PRICE IMPROVEMENT!

21 Individual units in Knoxville, TN.$118k per door - 8.61% Cap Rate - $215k T-12 NOI. Avg rent of $1415 per unit.

5211-5251 Pocahontas Dr. 21 units feature 2 beds 1 bath, washer and dryer connections, balcony decks, and plenty of parking in a residential wooded neighborhood.

Renovations include all light fixtures, upgraded decks, redone parking lot, LVP flooring, interior paint and upgraded appliances. Numerous HVACs and water heaters have been replaced. Consists of newer plumbing and metal roofs.

Conveniently located off Asheville Hwy, 10 min from downtown Knoxville, 2 min from I-40, and 15 min from Sevierville.

Location

State TN

County Knox County - 1

Area 2.1

Rooms

Other Rooms Other

Interior

Heating Central, Electric

Cooling Central Cooling

Heat Source Central, Electric

Exterior

Exterior Feature Deck

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Metal

Garage No

Building

Faces GPS Friendly. From Downtown Knoxville: Take I-40E to Exit 394. Make a right. Then another right at Iroquois Rd. Lastly turn right on Pocahontas Dr.

Structure Type Frame

Schools

Elementary Schools Sunnyview

Middle Schools Holston

High Schools Austin East/Magnet

Others

Restrictions No

Tax ID 071GC005

Energy Description Electric

Acceptable Financing Other, New Loan, Cash, Conventional

Listing Terms Other, New Loan, Cash, Conventional


Listed by Sexton Real Estate Services, Inc.
Nearby Locations

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Zach Taylor

Zach Taylor

Broker

+1(855) 261-2233

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5211 Pocahontas DR