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$1,850,000 $135/sq ft
Active Listed today

5525 Jacksboro Pike

Knoxville, TN 37918 · Knox County

13,728 sq ft 0.62 acres 1976 built

About

RARE FOUNTAIN CITY 17 UNIT COMPLEX - ALL BRICK - PRICED AT TAX APPRAISAL Hillside Apartments is professionally managed by Brun Property Management, enjoys just one vacancy and has an excellent unit mix of 16 two bedroom units and 1 one bedroom unit. Upgrades include new windows, fresh paint and HVAC's replaced as needed. There is still over 15% in rental upside and Hillside is priced to sell at Knoxville's recent tax appraisal. This complex enjoys a convenient north Knox location in Fountain City. Fountain City is a bustling suburb of Knoxville with an abundance of local dining options, grocery stores, parks and the famous ''duck pond''. Fountain City has a uniquely neighborhood feeling while offering easy access to bus lines, I-40, I-75, downtown Knoxville, Covenant Baseball Stadium & the University of TN. With at least 15% in rental upside, a great unit mix and terrific location, Hillside Apartments offers an excellent value add investment. No sign on property. Please do not disturb residents. All showings by appointment only.

Details

Overview

Type
Residential Income
Tax jurisdiction
City limits
HOA
None
Year built
1976
Price / sq ft
$135
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Interior

Building area
13,728 sq ft

Lot & exterior

Lot size
0.62 acres

Parking

On Premise Parking

Listing details

MLS #
1354678
Status
Active
Days on market
Listed today

Location

Financing

Accepted financing
CashNew Loan

Instant pre-approval

Call (865) 535-7119 and answer a few quick questions about your income and expenses to get pre-approved on the spot.

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Listing courtesy of Goldman Partners Realty, LLC. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011.