For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $4,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,730 sqft
Price per Sqft $462
Subdivision The Norwood
MLS Listing ID 1266173
Sold Date 12/20/24
Originating Board East Tennessee REALTORS® MLS
Year Built 2023
Lot Size 1.530 Acres
Acres 1.53
Lot Dimensions 475.05 X 475.53 X IRR
Property Description
Introducing The Norwood, a brand new construction apartment complex in Knoxville, TN. This offering includes 24 fully furnished studio apartments, all of which are 300 SF. The property is currently operated as both traditional apartments with 12-month leases and short term rental units that are listed on Airbnb. There are laundry facilities located on site. There is also the ability to construct 24 additional units on the property.
Location
State TN
County Knox County - 1
Area 66647.0
Rooms
Other Rooms Other
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Vinyl
Appliance Microwave, Range, Refrigerator, Self Cleaning Oven
Heat Source Central, Electric
Exterior
Exterior Feature Prof Landscaped, Balcony
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Roof Type Other
Garage No
Building
Faces Clinton Highway North from downtown about 2 miles. The Norwood is on the right.
Structure Type Fiber Cement,Block,Frame
Others
Tax ID 068IC017
Energy Description Electric
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION