320 King Dr Harriman, TN 37748

This exceptional investment opportunity presents a 21-unit multifamily portfolio situated in Harriman and Rockwood, Tennessee, within Roane County. The portfolio comprises a diverse mix of properties, including twelve single-family rental homes, three mobile homes, one duplex, one triplex, and a unique mixed-use building featuring a commercial basement and an upstairs apartment. The asking price is $2,600,000, translating to $141.66 per square foot and $123,809.52 per unit. The total square footage across all properties is 18,354. The portfolio boasts a strong performance history with a high occupancy rate, attributed to its strategic location near major employers and local retail establishments. Adding to its potential, the three mobile homes are situated on approximately 15 acres of land, presenting significant opportunities for future development and expansion of the rental units. This portfolio offers a compelling blend of immediate income generation and long-term growth potential, making it an attractive investment for discerning buyers seeking a diversified, high-performing asset in a desirable Tennessee market. The primary address is 320 King Dr, Harriman, TN 37748. The portfolio is classified as Class C. This is a turnkey opportunity to acquire a well-established rental portfolio with significant upside.