The Collier
Single Family
3
3
2192
Sqft
2020
$355,000
Purchase Price
$2,220
Rent / Mo
0%
Property Leverage
How Are Monthly Dividends Determined for The Collier?
Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property’s reserves, last quarter’s cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.
About
The Collier is a beautiful home with 3 bedrooms and 3 bathrooms. Are you looking for a great neighborhood with sidewalks, pavilion, huge pool, grill, and playground? The house features upgraded flooring, appliances and crown molding, spacious bedrooms, sprawling primary suite with sitting area and walk in closet, and huge bonus room! The house has plenty of space to entertain with the extra-large eat in kitchen, formal dining area and generous living area offering a wood burning fireplace! The house also has an attached two door garage. This country home has it all conveniently located to i-75 and minutes to downtown Knoxville!
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Knoxville, TN
Located east of Nashville in the foothills of Great Smokey Mountains National Park, Knoxville is the state’s third largest city and home to the University of Tennessee. The city is situated at the crossroads of three major interstates (I-75, I-40 and I-81) and is known for its many natural areas, attractions, museums. Knoxville has an up-and-coming culinary scene, a beautifully renovated downtown, and is host to several large national and regional company headquarters such as Regal Cinemas, Pilot Flying J, and Scripps Network Interactive.
Common Questions
Don't Know Which Property to Choose?
Other Questions?
100%
Funded
726
Investors
$410,890
Invested