The Lola
Single Family
4
2.5
1991
Sqft
2023
$301,135
Purchase Price
$2,120
Rent / Mo
0%
Refinance Candidate
Property Leverage
About
The Lola is a newly built two-story home in Jefferson City, Tennessee. This spacious home includes four bedrooms, two and a half baths, and two flexible spaces. The modern floor plan is also family-friendly, with a large kitchen — complete with an island — and plenty of storage space. Conveniently located near Knoxville, Tennesse, residents can enjoy the best of both worlds: small-town charm and city living.
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.
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$356,300
Invested
100%
Funded
887
Investors