$2,590,000
Knoxville, TN 37917
MLS# 9961764
722 sqft
1 / 17
Property Description
This property is a 20-unit valued add opportunity located in Knoxville, TN. Belle Morris Apartments represents an appealing opportunity to purchase a value-add asset allowing incoming ownership to continue renovating existing units and raising rents to market rate. This property consists of (20) 2 bedroom / 1 bathroom units. The community has an onsite laundry room and ample parking for residents. This property is just 8 minutes from downtown Knoxville.
Details
Maps
Location, Tax & Legal Info
Street #: 1722
Street Name: Coker
St Suffix: Avenue
County: Knox
State/Province: TN
Zip Code: 37917
Parcel ID: 081ec020
City Taxes: 11226.36
County Taxes: 8093.23
Contract Info
Status: Active
Listing Price: 2590000
Current Price: $2,590,000
List Price/SqFt: 3587.26
Listing Date: 2024-02-08
Buyer Broker: Yes
Buyer Broker Comm: 2.25
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lot Dimensions: 233 X 150 X IRR
Acres: 0.8
Zoning: RN-5
Property Sub-Type: Multi-Family
Total Units: 20
Year Built: 1978
Elementary School: Out Of Area
Middle School: Out Of Area
High School: Fulton
HOA Y/N: No
Total SqFt: 722
Remarks & Misc
Public Remarks: This property is a 20-unit valued add opportunity located in Knoxville, TN. Belle Morris Apartments represents an appealing opportunity to purchase a value-add asset allowing incoming ownership to continue renovating existing units and raising rents to market rate. This property consists of (20) 2 bedroom / 1 bathroom units. The community has an onsite laundry room and ample parking for residents. This property is just 8 minutes from downtown Knoxville.
Directions: North on Broadway to RT on Coker top property on RT.
Unit 1
# Units: 20
# Bedrooms: 2
# Bathrooms: 1
SqFt: 722
Property Features
Style: Other
Exterior Finish: Brick
Flooring: Laminate
Roof: Shingle
Parking Features: Parking Spaces
Topography/Lot Description: Level
Heating: Central
Water: Public
AC: Central Air
Construction: Site Built
Easements: None
Listing Office: SVN, Wood Properties
Last Updated: March - 19 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.