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6628 Greer Rd
Knoxville, TN 37918
Asking Price
$545K
Cap Rate
8.62%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
8.6 Cap rate on actual income and expenses for last 12 months. <ul><li>Well established, high-yield track record as a short-term rental just outside the Knoxville city limits with a 4.72-star rating across 54 reviews</li><li>Turnkey STR operation with transferable existing reservations</li><li>8.6 Cap Rate</li><li>Utilities are already separately metered for both water and electricity with separate HVAC systems</li><li>7+ parking spaces with plenty of overflow space for trailers or boats</li><li>Excellent proximity to Univ of TN, Downtown Knoxville an
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NOI
$80,000
Cap Rate
14.68%
DSCR
2.47
Strong
Cash-on-Cash
29.14%
Monthly Payment
$2,696.363
Annual Cash Flow
$47,643.648
