The Litton

Single Family

2100

Sqft

2016

Details
Financials
Performance

$320,000

Purchase Price

$2,295

Rent / Mo

50%

Property Leverage

7304 Calla Crossing, Knoxville, TN 37918

About

The Litton is a four-bedroom, three-bathroom home with an attached two-car garage. The home features an open-concept floor plan with a large family room with hardwood flooring and a wood-burning fireplace, a formal dining room with chair-rail molding, ample kitchen space, stainless appliances, and an eat-in breakfast area. The spacious primary bedroom ensuite boasts a garden tub and walk-in closet. The home also features a large bonus room that could be an extra bedroom, plenty of storage space, and freshly painted walls throughout.

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

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.