147 Waddell Circle, Oak Ridge, TN 37830

$7,950,000
50,710
SqFt

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List Price
$7,950,000
MLS#
1347613
Status
ACTIVE
Type
Single Family Residential
City
Oak Ridge
County
Anderson
Living Area
50,710
Year Built
2024

Property Description

This 60 unit single family and multifamily portfolio located across Oak Ridge and Knoxville, TN. The property includes ten quadplexes, eight single family rentals, six duplexes, and one vacant lot. The portfolio is near 100% occupancy and over half the units have been recently renovated. This portfolio is primarily located in Oak Ridge, Tennessee, a community best known as the home of Oak Ridge National Laboratory--the largest science and energy laboratory in the United States. The local economy is strongly driven by science, technology, and advanced manufacturing, providing a stable employment base. In the past year, billions of dollars have been invested in Oak Ridge by firms such as Tennessee Valley Authority and Oklo, Inc who plan to bring hundreds of new jobs and nuclear advancement to the area. Oak Ridge also benefits from its proximity to Knoxville, a growing metropolitan area that has experienced consistent population growth in recent years.

Additional Information

Construction
Frame
Cooling
Central Air
Floors
Vinyl, Luxury Vinyl Plank
Garage
On Premise Parking
Living Area
50,710
Lot Dimensions
n/a
Year Built
2024
Subdivision
City Of Oak Ridge
Heating
Central, Natural Gas
Num Of Units
60

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Calculator source: Real Geeks

Listing courtesy of PWA Properties.

Agent: Kevin G. Tipton |

Office: PWA Properties |