The Breckenridge

Single Family

2.5

2804

Sqft

2023

Details
Financials
Performance

$371,635

Purchase Price

$2,395

Anticipated Rent / Mo

Refinance Candidate

Property Leverage

148 Breckenridge Trace, Kingsport, TN 37663

About

The Breckenridge is a contemporary open-floor plan home with four bedrooms and two bathrooms. The spacious kitchen, complete with a pantry and island featuring countertop seating, overlooks the dining and living areas. Downstairs, you'll find a convenient half bathroom and a flexible room ideal for a formal dining space or office. A versatile loft offers extra space upstairs, while the primary bedroom boasts a private bathroom and walk-in closet. Three additional bedrooms share a comfortable bathroom, and a conveniently located laundry room completes the upper level for added convenience.

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.

Approved rental application

Rental Status

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.

Documents

Common Questions

How Arrived works

What returns can I expect

What to expect if my property is still seeking a tenant

Diversification

Investing horizon & liquidity

Don't Know Which Property to Choose?

We make it easy with funds

For those looking to build or add to their portfolio without investing in individual rental properties, the Arrived Single Family Residential Fund is an ideal option due to its always-available investment experience, immediate diversification, and access to liquidity.