Warrior Hill Townhomes

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30731450
Property Subtypes: Low-Rise/Garden
Status: Pending
Building Status: Under Construction
Number of Units: 25 Units
Building Size (RSF): 28,500 SF
Gross Building Area: See Agent
Sale Price: $4,500,000
Unit Price: $180,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/30/2021

Overview / Comments

SVN | Wood Properties is proud to exclusively present Warrior Hill Townhomes. This class A development features 25 individually parceled townhomes. The units can either be leased or sold individually as condos. If converted to condos, an investor would likely list them individually in the $190,000 to $199,000 range. The completed units are being leased at an average rent of $1325. The remaining 21 units are scheduled to be completed early fall. All 25 units are 2 BD 2.5 BA and are on average 1,150 SF. Unit features include: stainless steel appliances, granite counters, open kitchen and living, and washer dryer hookups.

Warrior Hill Townhomes are centrally located between Knoxville and Maryville. The property is located less than 10 minutes from McGhee Tyson Airport and is a 15 minute drive from Downtown Knoxville and the University of Tennessee. Two miles away, Amazon is investing $200M to build a fulfillment center that will bring 800 jobs to the area.

- New Construction
-Capable of Condo Conversion Exit Strategy
-Centrally Located Between Knoxville and Maryville
-Near Major Amazon Development

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Blount
Zoning: C-1
Property Condition: Excellent
Year Built: 2021
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,313 15,408 55,289
Median Age: 36.11 42.83 41.89
Households: 1,551 6,660 23,684

Contact

Photograph of Listing Agent

Cohl Morgan

SVN I Wood Properties
Not a member of NETAR CMLS
Photograph of Listing Agent

Kevin Tipton

SVN I Wood Properties
NETAR CMLS Member
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