To be sold in bulk w/44 additional units. Seller may consider selling 9 units in bulk on Urban Way (Price dependent upon number of 1-car and 2-car garages). All are rented investment property. Not sold separately. 1 yr leases. Rents are $775/Mo for 1 car & $825/Mo for 2 car. 43 units are PUDs with no HOA fee. 2 are condos w/$60/Month HOA fee.
All-brick for low maintenance. 37 large, easy-to-rent units convenient to downtown employers and services.13 10 13 10 Location and Cash Flow! This very desirable property is located in the growing Fountain City community in North Knoxville and represents an exceptional investment opportunity. Normandy Chateau is at a Knoxville Area Transit (KAT) bus stop and close to groceries, parks, restaurants, banks and other amenities.13 10 13 10 Many renovations over the past 6 years, including eleven units extensively
Reduced! 31 Units In Good North Knox Location - All Brick - Excellent Condition. Property has over $100,000 in improvements & upgrades since 2007, including all new roofs, shutters, gutters, fresh painting of doors, staircases & railings plus resurfacing of the parking lot & fresh landscaping. Additionally a coin laundry was added to increase amenities. 2 buildings were built in 1977 & the 3rd added in 1999. All units feature stoves & refrigerators plus the 2 & 3 BR units are also equipped with dishwashers. The 10 units in the newer building are individually metered for water/sewer.
Madison Square and Fairhill Apartments located across the street from each other and are being sold as a package by the same owner. Between them there are 28 units, all 1-BR. All brick buildings with gable roofs, in a quiet, suburban setting with mature trees. Units are all-electric and residents pay their own electricity. Roofs were replaced in 2013.13 10 13 10 Madison Square Apartments are at 206 Dahlia Dr. and has two buildings with 18 units total and a shed on 1.03 acres. Built in 1978,
Well Rented - Good South Knox Location - 27 Unit Apt Complex on over 6 acres of land (6 parcels). 9.66 CAP rate, 10% cash on cash return, $25K per unit, 4.35 Gross Rent Multiplier. Property is comprised of 12 buildings with mostly 2 BR units in quiet, park-like setting. Just minutes from downtown, the Univ of TN, Iams Nature Center & the Urban Wilderness. All new roofs since 2011. 5 units have central heat/air, the other 22 have wall A/C & baseboard heating. Most are equipped with dishwashers.
Reduced! Rare 13 Unit N Knox Complex - All 2 Bedroom + 1.5 Bath Townhouses - New Roof. The spacious townhome (2 story) style apartments feature excellent amenities including stoves, refrigerators, dishwashers, central heat/air & washer/dryer connections. Residents pay all utilities including water/sewer. Already zoned/recorded as 13 condos + common area, the complex enjoys a terrific north Knoxville location, & the residents enjoy easy access to I-640, I-75, downtown & the University of TN....
7 West Knox Condos - Brick - With 20% Down, Seller Will Finance For 15 Years. Fantastic location just off Francis Rd. This is a package of 7 condos currently being operated as rentals. This attractive complex consists of 20 total brick condos, with most of the remaining 13 units occupied by long term owners. These condos have been well maintained, have excellent floor plans & all the amenities to attract the best tenants. The interiors feature central HVAC, stoves, refrigerators, dishwashers and
WONDERFUL INVESTMENT OPPORTUNITY IN WEST KNOXVILLE. OWNERS HAVE METICULOUSLY RENOVATED ALL THE UNITS. UPGRADES INCLUDE NEW FLOORING (TILE, LAMINATE, VINYL AND CARPET), NEW WINDOWS (5 UNITS) NEW DOORS AND SECURITY DOORS, NEW COMMERCIAL ROOFS (2013). EACH UNIT HAS 2 BEDROOMS, 1.5 BATHS, W/D CONNECTIONS AND PRIVATE BACK DECKS. STOVE, DISHWASHERS, AND REFRIGERATORS IN ALL UNITS.
This 12 unit 2 story brick apt. is located minutes from downtown and UT area. Ten one Bedroom Apx 6HQ Sq Ft and Two Bedroom Townhouse Apx 1000 sq ft. All major appliances included. Well maintained. Great Rental history on site mgmt/maintenance. Lots of parking, very clean inside & out. All units rented at this time. Good investment easy to mortgage.
Great investment opportunity! Great, four-plex in a convenient location. Four, 3 bedroom, 2 bathroom units. Property has been updated and expertly maintained. All units are leased and are Separately Metered, so tenants pay their own utilities. Owner has put substantial money into updating property since purchased. Updates/Improvements include new roof, complete painting, repaired damaged floor, replaced all carpet, added tile and laminate flooring, replaced hot water heaters, refrigerators, stoves & dish washers, and replaced one furnace. Rent roll / income statement attached in listing documents.