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7601 Old Clinton Pike Powell, TN 37849

For Sale
$3,400,000

12-unit townhome portfolio in high-demand Knoxville submarket.

Property size:
14,600 SF

Property Features for 7601 Old Clinton Pike

General Information

Size
14,600 SF

Source: Ford Collier Agent Ford Collier

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Powell Townhome Portfolio Opportunity

This is an opportunity to acquire a 12-unit townhome portfolio located in Powell, TN, a high-demand Knoxville submarket. The property features a mix of long-term, mid-term, and furnished rentals. The portfolio consists of ten 3BR/2BA townhomes, ranging in size from 1,200 to 1,800 square feet, and two studio units. Each townhome includes in-unit laundry and modern layouts. Two 3BR units will become available in September 2025, presenting an opportunity to reposition for higher rents or mid-term tenants. All appliances and furniture are included in the sale. The property has a total size of 14,600 square feet. The current ownership has intentionally left rental upside untapped, creating opportunity for the next investor to maximize performance. The property generates strong income today with clear upside through rent resets and expanded furnished bookings.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Powell
County
Knox
State
Tennessee
Longitude
-84.055138
Latitude
36.022437

FAQs

What type of property is this?
Apartment building - 12-unit townhome portfolio in high-demand Knoxville submarket.
Where is this apartment building located?
The property is located at 7601 Old Clinton Pike Powell, TN.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: - High-demand Knoxville submarket location in Powell, TN.; - Strong income generation with pro-forma gross income of $403,200.; - Value-add potential through rent resets and expanded furnished bookings.
More about this property
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