5525 Jacksboro Pike, Knoxville, TN 37918

$1,850,000
13,728
SqFt

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List Price
$1,850,000
MLS#
1354678
Status
ACTIVE
Type
Single Family Residential
City
Knoxville
County
Knox
Living Area
13,728
Lot Size
26,789
Year Built
1976

Property Description

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.

Additional Information

Acres
0.62
Appliances
Refrigerator, Range, Dishwasher
Construction
Brick
Cooling
Central Air
Exterior Features
Windows - Vinyl
Floors
Carpet, Tile, Vinyl, Luxury Vinyl Plank
Garage
On Premise Parking
Living Area
13,728
Lot Dimensions
239x172x228x113
Year Built
1976
Heating
Central, Electric
Num Of Units
17

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Calculator source: Real Geeks

Listing courtesy of Goldman Partners Realty, LLC.

Agent: Solange Velas |

Office: Goldman Partners Realty, LLC |