5211 Pocahontas Drive, Knoxville, TN 37914

This for-sale portfolio features 21 individual apartment units, positioned next to one another and configured with identical layouts. Each unit includes two bedrooms and one bathroom, with washer and dryer connections. Reported improvements include full interior remodels, replacement of numerous HVAC systems, installation of metal roofs, and added parking spaces. Tenants also benefit from assigned parking spaces, private decks, and the absence of shared walls with neighboring units.

The properties are located within a residential neighborhood dominated by owner-occupied single-family homes. Pocahontas Drive leads to a cul-de-sac surrounded by woods, which the seller describes as producing minimal through traffic and a quieter setting. The portfolio is approximately 10 minutes from downtown Knoxville and about 15 minutes to Sevierville, with convenient access to employment, dining, educational institutions, and public transportation.

From a leasing and operations standpoint, lease terms require tenants to pay the first month’s rent and a security deposit. Rent includes water, trash, pest control, and lawn care; tenants pay electricity and internet services. The seller notes no noise complaints and minimal maintenance issues, and also states that tenants are not eligible for assistance programs, though the units can pass inspections for available programs if the new owner chooses to accept them. Current rents average $1,410 per unit, and the owner’s screening focus has been on higher grossing incomes to support stability.