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Golf View Apartments 3300-3374 Valley View Dr 24 Unit Apartment Building $4,027,955 CAD ($167,831 CAD/Unit) 5.91% Cap Rate Knoxville, TN 37917

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INVESTMENT HIGHLIGHTS

  • Garden Style Apts
  • All 2 Bedrooms
  • Park Like Location

EXECUTIVE SUMMARY

GOLF VIEW APARTMENTS - NORTH KNOX - 24 UNITS - ALL 2BR+1BA - 15% RENTAL UPSIDE
Golf View Apartments consists of 8 buildings in a park like setting on 1.5 acres. Immediately adjacent to the Whittle Springs Golf Course, these spacious units feature excellent amenities including stoves, refrigerators, central HVAC and washer/dryer hookups. This complex enjoys a terrific north Knox location with easy access to bus lines, I-40, I-75, downtown Knoxville & the University of TN. With at least 15% in rental upside, Golf View offers an excellent value add investment. No sign on property. Please do not disturb residents. All showings by appointment.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $420,435 $17.52
Other Income - -
Vacancy Loss $20,140 $0.84
Effective Gross Income $400,295 $16.68
Taxes $30,849 $1.29
Operating Expenses $131,413 $5.48
Total Expenses $162,261 $6.76
Net Operating Income $238,034 $9.92

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $420,435
Annual Per SF $17.52
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $20,140
Annual Per SF $0.84
Effective Gross Income (CAD)
Annual $400,295
Annual Per SF $16.68
Taxes (CAD)
Annual $30,849
Annual Per SF $1.29
Operating Expenses (CAD)
Annual $131,413
Annual Per SF $5.48
Total Expenses (CAD)
Annual $162,261
Annual Per SF $6.76
Net Operating Income (CAD)
Annual $238,034
Annual Per SF $9.92

PROPERTY FACTS

Price $4,027,955 CAD
Price Per Unit $167,831 CAD
Sale Type Investment
Cap Rate 5.91%
Gross Rent Multiplier 9.58
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.50 AC
Building Size 19,536 SF
Average Occupancy 88%
No. Stories 2
Year Built/Renovated 1972/2021
Parking Ratio 2.46/1,000 SF
Zoning RN-1

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Washer/Dryer Hookup
  • Security System
  • Refrigerator
  • Oven
  • Smoke Free

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 24 $1,545 CAD 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 070AC-002
  • 070AC-00201
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$821,258 CAD (2025)
Annual Taxes
$30,849 CAD ($1.58 CAD/SF)
Tax Year
2024
  • Listing ID: 38905807

  • Date on Market: 2025-12-26

  • Last Updated:

  • Address: 3300-3374 Valley View Dr, Knoxville, TN 37917

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