- $188k Price
- 4 Beds
- 2 Baths
- 2,060 Sqft
Investment Statistics
- Initial 20% Investment $37,587
- Lease Starts October 1, 2018
- Lease Ends October 1 2024
- Current Rent $1,500
- Potential Appreciation 5%
- Cap Rate 8.5%
- Annual Return on Investment $3,444
7114 Forest Willow Ln
Edwards Place is located in the very desirable area of Corryton. A quaint town nestled between two beautiful area landmarks, House Mountain and Clinch Mountain just outside of the hot investment market of Knoxville, TN. The community adjoins the new Gibbs Middle School (opening August 2018). Gibbs Elementary and Gibbs High School are within walking distance. Edwards Place offers its residences an abundance of natural amenities just minutes away and offers an easy commute to Knoxville via Tazewell Pike and Emory Road to I-640. Excellent returns in rent and great prospects for appreciation.
Essential Information
- Price$187,935
- Bedrooms4
- Bathrooms2
- Half Baths1
- Square Footage2060
- Year Built2018
- TypeResidential
- StatusActive
Community Information
- Address7114 Forest Willow Ln
- SubdivisionEdwards Place
- CityCorryton
- StateTennessee
- Zip Code37721
Amenities
- # of Garages2
Interior
- Stories2
School Information
- DistrictGibbs
- ElementaryGibbs
- MiddleGibbs
- HighGibbs