211 Elyria Dr - Apartments FOR SALE


Knoxville, TN 37912- Uptown Knoxville
$1,900,000 USD
865-936-9999
211 Elyria Dr, Knoxville, TN for Sale
$1,900,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

211 Elyria Dr
Knoxville, TN 37912
Uptown Knoxville


HIGHLIGHTS

  • Fully renovated one-bedroom units (~565 SF each) with modern finishes, offering turnkey operations and strong tenant appeal.
  • Major recent capital improvements including a new roof, new gutters, added on-site laundry room, and a freshly resealed/striped parking lot.
  • Located in a stable North Knoxville corridor with convenient access to downtown, major employers, retail, and transit.

OVERVIEW

SVN | Wood Properties is proud to present 211 Elyria Drive, is a prime 16 unit multifamily gem in North Knoxville, offering the perfect mix of quiet neighborhood living and quick access to downtown and major routes. The units have all been updated and are well-kept, and renter-ready, currently generating $995 per month per unit with reliable cash flow. With the recent cap-ex put into the property and a market rent of $1,150, this property presents exciting upside and a strong opportunity for investors looking to capture growth in Knoxville’s thriving rental market. This property is part of a 129 Unit portfolio that can be purchased together.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

16

PRICE/UNIT

$118,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elyria Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,431 SF

ZONING

-

APN/PARCEL ID

068LG-027

ASK ABOUT THIS PROPERTY

Ford CollierSVN | Wood PropertiesMore Info
865-936-9999

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Ford CollierSVN | Wood PropertiesMore Info
865-936-9999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.