Listings
Active · MLS 1343898
197 - 207 Gum Hollow Rd 197 - 207, Oak Ridge, TN 37830
Oak Ridge, TN, 37830
ActiveMulti Family84 days on market
$950,000
1979Built
Property Description
6 units in booming Oak Ridge! This investor renovation opportunity is located in close proximity to the Oak Ridge Country Club in an established area of town. Five of the six total units are occupied at below market rent on short term leases providing an excellent opportunity to update the units as they are vacated and lease at market rents ($1,300 1 bed, $1,600 2 bed).
One of the 6 units (2 bed 1.5 bath) has been fully renovated and is leased for $1,300 per month.
Total annual proforma rents - $98,400.00.