Oak Ridge Multifamily Investment
For Sale
$3,450,000
140 Tacoma Rd, Oak Ridge, TN 37830
Multifamily investment in Oak Ridge with value-add opportunity.
Property SizeContact for details
Days on Market169
Property Features for 140 Tacoma Rd
General Information
Standard status
Active
Property subtype
Multifamily
Building Details
Year Built
1943
Listing Agency:
NAI Koella | RM Moore
(321) 439-3175
Listed By:
Heidi Adams · License #00320097
(321) 439-3175
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 22 at 4:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Koella | RM Moore
Investment Insights
Based on property information with market context.
This multifamily investment portfolio is located in Oak Ridge, Tennessee, and includes six quadplexes, along with a newly constructed management office, laundry facility, and maintenance shop. Five of the six buildings have been renovated and are currently occupied. The sixth building is ready for enhancements, presenting a value-add opportunity. The property is situated in the heart of Oak Ridge, near the Oak Ridge National Laboratory and Y-12 National Security Complex, which drive a strong local economy and attract top talent. The multifamily market maintains high occupancy due to the transient nature of the employment base in Oak Ridge. The laundry facility provides an added income source, and the management and maintenance areas offer convenience for ownership. The property is almost completely renovated and stabilized with market rents.
Key Highlights
- Portfolio of six quadplexes in Oak Ridge, Tennessee, offering a significant investment opportunity.
- High occupancy rates due to the strong local economy.
- Five of the six buildings are renovated and occupied, providing immediate cash flow.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 37830, TN
31,839
Population
15,110
Households
2.1
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
84.8 sq mi
ZIP Area
375
Density / Sq Mi
$70,795
Median Household Income
$41,293
Median Earnings
$1,076
Median Rent
$234,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Multifamily investment in Oak Ridge with value-add opportunity.
Where is this quadplex located?
The property is located at 140 Tacoma Rd Oak Ridge, TN.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Portfolio of six quadplexes in Oak Ridge, Tennessee, offering a significant investment opportunity.; High occupancy rates due to the strong local economy.; Five of the six buildings are renovated and occupied, providing immediate cash flow.
