$7,950,000 This 60 unit single family and multifamily portfolio located across Oak Ridge and Knoxville, TN. The property includes ten quadplexes, eight single family rentals, six duplexes, and one vacant lot. The portfolio is near 100% occupancy and over half the units have been recently renovated. This portfolio is primarily located in Oak Ridge, Tennessee, a community best known as the home of Oak Ridge National Laboratory--the largest science and energy laboratory in the United States. The local economy is strongly driven by science, technology, and advanced manufacturing, providing a stable employment base. In the past year, billions of dollars have been invested in Oak Ridge by firms such as Tennessee Valley Authority and Oklo, Inc who plan to bring hundreds of new jobs and nuclear advancement to the area. Oak Ridge also benefits from its proximity to Knoxville, a growing metropolitan area that has experienced consistent population growth in recent years. 1347613 MLS This 60 unit single family and multifamily portfolio located across Oak Ridge and Knoxville, TN. The property includes ten quadplexes, eight single family rentals, six duplexes, and one vacant lot. The portfolio is near 100% occupancy and over half the units have been recently renovated. This portfolio is primarily located in Oak Ridge, Tennessee, a community best known as the home of Oak Ridge National Laboratory--the largest science and energy laboratory in the United States. The local economy is strongly driven by science, technology, and advanced manufacturing, providing a stable employment base. In the past year, billions of dollars have been invested in Oak Ridge by firms such as Tennessee Valley Authority and Oklo, Inc who plan to bring hundreds of new jobs and nuclear advancement to the area. Oak Ridge also benefits from its proximity to Knoxville, a growing metropolitan area that has experienced consistent population growth in recent years. 147 Waddell Circle, Oak Ridge
$950,000 6 units in booming Oak Ridge! This investor renovation opportunity is located in close proximity to the Oak Ridge Country Club in an established area of town. Five of the six total units are occupied at below market rent on short term leases providing an excellent opportunity to update the units as they are vacated and lease at market rents ($1,300 1 bed, $1,600 2 bed). One of the 6 units (2 bed 1.5 bath) has been fully renovated and is leased for $1,300 per month. Total annual proforma rents - $98,400.00. 1343898 MLS 6 units in booming Oak Ridge! This investor renovation opportunity is located in close proximity to the Oak Ridge Country Club in an established area of town. Five of the six total units are occupied at below market rent on short term leases providing an excellent opportunity to update the units as they are vacated and lease at market rents ($1,300 1 bed, $1,600 2 bed). One of the 6 units (2 bed 1.5 bath) has been fully renovated and is leased for $1,300 per month. Total annual proforma rents - $98,400.00. 197 - 207 Gum Hollow Rd Unit 197 - 207, Oak Ridge
