5211 Pocahontas Drive, Knoxville, TN 37914

This investment portfolio features 21 individual units conveniently located near each other. Each unit has been fully remodeled and includes two bedrooms, one bathroom, and washer and dryer connections. Improvements include the replacement of numerous HVAC systems and the installation of metal roofs, as well as additional new parking spaces. The color schemes and grade finishes are consistently applied throughout the units. The units are located approximately 10 minutes from downtown Knoxville and 15 minutes from Sevierville, offering convenient access to employment, dining, educational institutions, and public transportation. Situated in a residential neighborhood consisting predominantly of owner-occupied, single-family homes, the location on Pocahontas Drive leads to a cul-de-sac, minimizing through traffic and providing a quiet environment surrounded by woods. Tenants benefit from assigned parking spaces, private decks, and in-unit washer and dryer connections. Lease terms stipulate that tenants are responsible for paying the first month's rent and a security deposit. Water, trash, pest control, and lawn care services are included in the rent. Tenants pay their electric and internet services. The average rent per unit is currently $1,410. The current owner focuses on approving tenants with higher grossing incomes. The property size is 12,600 square feet.