1931 Old Callahan Drive Knoxville, TN $ 1,400,000
1931 Old Callahan Drive
$ 1,400,000
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1931 Old Callahan Drive

Knoxville, TN, 37912
$ 1,400,000
Baths0.0 Sq 6,707

Monthly Estimate*

$ 8,385

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View a Virtual Tour
Studio

Multi-Family Home for sale in Knoxville, TN

for $1,400,000. This 6,707 square foot home was built in 2016.

Discover a prime commercial opportunity with this mobile home park situated on 5.58 acres, featuring five well-maintained mobile homes. With a remarkable average daily traffic count of 14,526, this property boasts high visibility and accessibility, making it an attractive investment. Neighboring Mobile Home Park Also Available Located At 1951 Old Callahan See MLS #1281422 Conveniently located just 22 minutes from McGhee Tyson Airport and only 4 miles from I-75, this site offers excellent connectivity to major thoroughfares. It is also within 3 miles of Clinton Hwy/25W, enhancing its appeal for both residents and potential business ventures. The property is divided into two parcels: Parcel One encompasses 3.3 acres, while Parcel Two covers 2.28 acres. The mobile home park includes: Information provided by Seller. 2013 Doublewide: 1,080 sq ft 1996 Singlewide: 952 sq ft 1989 Doublewide: 1,539 sq ft 2016 Doublewide: 1,568 sq ft 2016 Doublewide: 1,568 sq ft This property represents a unique investment opportunity in a growing area, perfect for those looking to expand their portfolio in the commercial/mobile home park market. This listing is for Tax ID # 067 237 and 067 23801. Sq footage for trailers taken by owner and to be verified by buyer . Rights to the cell phone tower on property have been sold.

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

2016

Town/City

Knoxville

County/Region

Knox

MLS | Web ID

1281172

Features
General
Heating Central Electric
Cooling Central Cooling
Appliances Range Refrigerator Smoke Detector
Exterior Features Windows - Vinyl Doors - Storm Deck
Construction Materials Vinyl Siding Aluminum Siding Steel Siding
Year Built 2016
Gross Income 141600.0
County Knox County - 1
Net Operating Income 51186.88
Operating Expense 24413.12
Property Type Multi-Family
Attached Garage N
Subdivision Name Anx 2004 0-274-03
Garage Y/N N
Status Active
Directions I-75 to Clinton Hwy Exit. Right on Old Callahan Drive. Property on left. Sign on Property.
City Knoxville
NumberOfUnitsTotal 5
MLS Area Knox County - 1
Lot Size Square Feet 0.0
Carport Y/N N
Electric On Property Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Knox County - 1
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://drive.google.com/file/d/1qje-6m_9XZVJbd93ui1h14tnFRQ4pgdo/view?usp=drivesdk
Standard Status Active
Senior Community None
New Financing Cash True
New Financing Coventional True
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Interior
Flooring Laminate Carpet Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Off-Street Parking
Lot Size Area 0.0
Spa N
Building Area Total 6707.0
Lot Dimensions IRR
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1931
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* Excluded Features
List By
Angie Rhyne

Listing Agent

Crye-Leike Realtors South, Inc.

Broker

Affordability Calculator

$8,385
Per Month
100%
0%
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Monthly Principal & Interest
$8,385
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
694100 Elementary School
694101 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/1/2024$1,400,000 Listed Price

Map


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1931 Old Callahan Drive, Knoxville, TN, 37912 is a Multi-Family Home for sale at $1,400,000 with 6,707 sqft. 1931 Old Callahan Drive is a studio with 0.0 baths and was built in 2016. The property's zip code is 37912 which is in Knoxville, TN