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2215 S Roane St 18 Unit Dormitory $700,000 ($38,889/Unit) Harriman, TN 37748
Executive Summary
SVN | Wood Properties is pleased to present this student housing investment opportunity in Harriman, Tennessee. The property features approximately 6,500 square feet with 11 bedrooms and 18 total beds, making it an ideal setup for student housing. It also includes 8 full bathrooms and 3 half bathrooms, providing ample convenience for residents. Constructed in 1990, the property was completely renovated in 2010, offering updated accommodations designed to meet the needs of today's student renters.
A standout feature of the property is the expansive upstairs common area, complete with a pool table, ping-pong table, large sectional sofa, and big-screen TV. This inviting shared space creates an excellent environment for students to study, relax, and socialize.
Located just minutes from Roane State Community College, the property is well positioned to benefit from consistent student housing demand. Its efficient layout accommodates a large number of residents while maintaining comfortable shared living spaces, making it an attractive investment opportunity with a student-focused design already in place.
A standout feature of the property is the expansive upstairs common area, complete with a pool table, ping-pong table, large sectional sofa, and big-screen TV. This inviting shared space creates an excellent environment for students to study, relax, and socialize.
Located just minutes from Roane State Community College, the property is well positioned to benefit from consistent student housing demand. Its efficient layout accommodates a large number of residents while maintaining comfortable shared living spaces, making it an attractive investment opportunity with a student-focused design already in place.
Property Facts
| Price | $700,000 | Building Class | C |
| Price Per Unit | $38,889 | Lot Size | 1.30 AC |
| Sale Type | Investment | Building Size | 6,500 SF |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1990 |
| Property Subtype | Dormitory | ||
| Zoning | C-2 | ||
| Price | $700,000 |
| Price Per Unit | $38,889 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Building Class | C |
| Lot Size | 1.30 AC |
| Building Size | 6,500 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Zoning | C-2 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 045-024.04 | Improvements Assessment | $106,600 |
| Land Assessment | $68,720 | Total Assessment | $175,320 |
Property Taxes
Parcel Number
045-024.04
Land Assessment
$68,720
Improvements Assessment
$106,600
Total Assessment
$175,320
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