Property Description

SVN | Wood Properties is proud to present 2626 Tecoma Drive presents an outstanding 10 unit investment opportunity in the heart of North Knoxville. This well-kept multifamily property sits in a quiet, residential neighborhood near Whittle Springs, offering tenants a comfortable suburban lifestyle just minutes from downtown. The property's convenient access to major roadways, shopping centers, and dining options enhances its long-term appeal for both residents and investors.Each unit has been thoughtfully maintained, featuring functional layouts and desirable amenities that attract steady tenant demand. Currently generating $973 per month in rental income per unit, the property provides immediate cash flow while maintaining strong occupancy potential in a consistently growing market. Its clean curb appeal and reliable performance make it a low-maintenance addition to any portfolio.With a market rent of $1,150 per unit, 2626 Tecoma Drive offers clear value-add potential and an attractive opportunity for increased returns. Its blend of location, stability, and upside makes it an ideal choice for investors seeking a dependable, income-producing asset in one of Knoxville's most promising rental corridors.This property also has extra room in the rear of the property to build additional units and/or to create more parking or amenities. This property is part of a 129 Unit portfolio that can be purchased together.For financial documents please visit https://svnwood.com/inventory/?propertyId=1576439-sale

Property Features