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7601 Old Clinton PikePowell, TN 37849
Elevate Townhomes
Asset ClassMultifamily
overview of deal

Overview

SVN Wood Properties is pleased to present an exceptional opportunity to acquire a 12-unit townhome portfolio in Powell, TN, a high-demand Knoxville submarket. The property offers a mix of long-term, mid-term, and furnished rentals, generating strong income today with clear upside through rent resets and expanded furnished bookings. Ten spacious 3BR/2BA townhomes (1,200–1,800 SF) each feature in-unit laundry and modern layouts, while two studio units add diversity to the income stream. With two large 3BR units coming available in September, a new owner can immediately reposition for higher rents or mid-term tenants. All appliances and furniture convey with the sale. This is a rare cash-flowing asset with built-in value-add potential. Current ownership has intentionally left rental upside untapped, creating opportunity for the next investor to maximize performance.

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Investment Highlights

  • Pro-forma Gross Income: $403,200
  • Ten 3BR/2BA townhomes (1,200–1,800 SF) plus two studio units
  • Mix of long-term, mid-term, and furnished rentals with washer/dryer in unit
  • Two 3BR units coming available September 2025
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7601 Old Clinton PikePowell, TN 37849

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Listing provided by Revere CRE