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1531 East Knollwood Circle
What's Special
5-Unit Brick Townhome | 4 of 5 Leased + Value-Add 5th Unit | 5.57% Stabilized Cap | $51,600 GPR | Fr <p>5-unit common-brick townhome, 4,368 SF, built 1989 - Knollwood Hills; R-4 Multi-Family; Flood Zone X</p><p>In-place rents $825-$900; $4,300/mo current, $51,600/yr stabilized GPR</p><p>Value-add: 4 of 5 leased; 5th unit ready for immediate lease-up at ~$850 market</p><p>Stabilized NOI $33,410 for a 5.57% cap at list; 11.63x GRM; $119,980/unit; $137/SF</p><p>Fresh mechanicals: HVAC replaced Nov 2025, water heater May 2025 - reduced near-term capex</p><p>Professionally managed by PMI Clarksville
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