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Contact info

• 865-247-7809 [Office] 

Description

Multifamily Investment Opportunity. 20-Unit, All Brick complex. 9.7% Cap Rate, 5.89 GRM. Tenants pay own electric. Excellent location in Fountain City community. Quiet neighborhood next to Heritage Assisted Living. 0.7 mile to I-640 & Broadway St, interchange, 1 block to bus line, National Fitness Center and Pratt

Property Details

• Building Name:Forestal Apartments
• Type: Multifamily
• Use Types:Low-Rise/Garden
• Status: Available
• Year Built: 1980
• Year Renovated: 2008
• MSA: Knoxville
• Zoning: R-2
• Buildings: 2
• Broadband Internet: Cable, DSL
• ConstructionBrick

Exterior Features

• Parking: Yes
• Parking Spaces: 30
• Parking Type: Surface

Terms

• Cash to Seller 

Map Locations