d r w a r r i o r h i l l 9 0 2 - 9 3 6

O F F E R I N G M E M O R A N D U M

902-936WARRIOR H ILLDR

WARRIOR H ILL TOWNHOMES

Louisville, TN 37777

P R E S E N T E D BY:

C O H L M O R G A NO: [email protected]

K E V I N T I P T O NO: [email protected]

W A R R I O R H I L L T O W N H O M E S 902-936 Warrior Hill Dr Louisville, TN 37777 S V N | W O O D P R O P E R T I E S 2

P R O P E R T Y OV E RV I E W

SVN | Wood Properties is proud to exclusively present Warrior Hill

Townhomes. This class A development �eatures 25 individually parceled

townhomes. The units can either be leased or sold individually as condos. I�

converted to condos, an investor would likely list them individually in the

$190,000 to $199,000 range. The completed units are being leased at an

average rent o� $1325. The entire project will be completed early �all. All 25

units are 2 BD 2.5 BA and are on average 1,150 SF. Unit �eatures include:

stainless steel appliances, granite counters, open kitchen and living, and

washer dryer hookups.

P R O P E R T Y H I G H L I G H T S

New Construction

Capable o� a Condo Conversion Exit Strategy

Centrally Located Between Knoxville and Maryville

Near Major Amazon Development

O F F E R I N G S U M M A RY

S A L E P R I C E : $ 4 , 5 0 0 , 0 0 0

U N I T S : 2 5

P R I C E / U N I T : $ 1 8 0 , 0 0 0

B U I L D I N GS I Z E : 2 8 , 5 0 0 S F

L O T S I Z E : 2 . 9 A c r e s

Y E A R B U I LT : 2 0 2 1

Z O N I N G : C - 1

P R O P E R T Y S U M M A RY


LOCATION DESCRIPTION

Warrior Hill Townhomes are centrallylocated between Knoxville and Maryville.The property is located less than 10minutes �rom McGhee Tyson Airport andis a 15 minute drive �rom DowntownKnoxville and the University o� Tennessee.Two miles away, Amazon is investing$200M to build a �ul�illment center thatwill bring 800 jobs to the area.


LO C AT I O N I N FO R M AT I O N

P R O P E R T Y N A M E W a r r i o r H i l lTo w n h o m e s

S T R E E T A D D R E S S 9 0 2 - 9 3 6 W a r r i o rH i l l D r

C I T Y, S TAT E , Z I P L o u i s v i l l e , T N3 7 7 7 7

C O U N T Y B l o u n t

B U I L D I N G I N FO R M AT I O N

Y E A R B U I LT 2 0 2 1

C L A S S A

U N I T S 2 5

B D / B A 2 B D / 2 . 5 B A

AV E R A G E S F 1 1 5 0

CO M P L E T E H I G H L I G H T S

Gross Scheduled Rent 397,500$

Less Vacancy 7,950$

Total Rental Income 389,550$

Expenses

Property Management 31,164$

Repairs and Maintenance 11,687$

Insurance 8,750$

Landscaping 4,000$

Pest Control 2,500$

Taxes 48,400$

Total Expenses 106,501$

Net Income 283,050$

Cash on Cash 10.21%

Cap Rate 6.63%

Debt Coverage Ratio 1.45

Warrior Hill Townhomes - Stabilized Pro Forma


S TA B I L I Z E D P R O FO R M A


A D D I T I O N A L P H OTO S


R E TA I L E R M A P


P O P U L AT I O N 1 M I L E 5 M I L E S 1 0 M I L E S

T O TA L P O P U L AT I O N 1 , 8 1 2 3 4 , 0 8 5 2 9 7 , 9 1 2

AV E R A G E A G E 3 4 . 3 3 9 . 4 3 5 . 9

AV E R A G E A G E ( M A L E ) 3 4 . 1 3 8 . 5 3 5 . 0

AV E R A G E A G E ( F E M A L E ) 3 4 . 4 4 0 . 5 3 6 . 9

H O U S E H O L D S & I N CO M E 1 M I L E 5 M I L E S 1 0 M I L E S

T O TA L H O U S E H O L D S 7 0 2 1 3 , 9 4 8 1 2 6 , 3 8 5

# O F P E R S O N S P E R H H 2 . 6 2 . 4 2 . 4

AV E R A G E H H I N C O M E $ 5 3 , 0 0 3 $ 7 0 , 8 3 4 $ 5 9 , 8 0 1

AV E R A G E H O U S E VA L U E $ 1 8 0 , 5 3 6 $ 1 9 9 , 9 3 8 $ 1 8 9 , 1 6 6

* Demographic data derived �rom 2010 US Census

D E M O G R A P H I C S M A P & R E P O R T

d r w a r r i o r h i l l 9 0 2 - 9 3 6

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