UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,728 sqft
Price per Sqft $134
MLS Listing ID 1354678
Year Built 1976
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 239x172x228x113
Source East Tennessee REALTORS® MLS
Property Description
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.
Location
State TN
County Knox County - 1
Area 26789.0
Rooms
Other Rooms Mstr Bedroom Main Level
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Carpet, Vinyl, Tile
Appliance Dishwasher, Range, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Windows - Vinyl
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Composition
Garage No
Building
Faces Take I-640 to the Broadway Exit and turn North. Almost immediately bear right onto Tazewell Pike. Stay straight at the light to continue onto Jacksboro Pike. Travel approximately 1.3 miles and turn left onto Watauga Dr. Take the first driveway on the right into the parking lot.
Structure Type Brick
Others
Tax ID 048MJ006
Energy Description Electric
Acceptable Financing New Loan, Cash
Listing Terms New Loan, Cash
Nearby Locations
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