2523 Cedar Ln - Apartments FOR SALE


Knoxville, TN 37918- Uptown Knoxville
$1,360,000 USD
865-621-0670
2523 Cedar Ln, Knoxville, TN for Sale
$1,360,000 USD
Apartments - FOR SALE
1/23
null | 6.13% Cap Rate

2523 Cedar Ln
Knoxville, TN 37918
Uptown Knoxville


OVERVIEW

8 Plex For Sale in Fountain City! Orel Brodt with Alliance Sotheby’s International Realty proudly presents this turnkey investment opportunity in North Knoxville. This fully leased, income-producing 8-unit multifamily building at 2523 Cedar Ln offers immediate cash flow with stable, long-term tenants in a high-demand rental corridor just minutes from downtown Knoxville, the University of Tennessee, and major employment centers. A great opportunity for investors seeking steady performance, this property delivers consistent rental income from day one. • 2523 Cedar Ln: 8 units – all 2 bed, 1 bath Rent roll, pro forma, and interior photos available upon request. Contact listing agent for more information.

FOR SALE DETAILS

PRICE

$1,360,000 USD

PRICE/SF

$206 USD /SF

# OF UNITS

8

PRICE/UNIT

$170,000

CAP RATE

6.13%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

-

APN/PARCEL ID

058KB-058

ASK ABOUT THIS PROPERTY

Orel BrodtSotheby's International RealtyMore Info
865-621-0670

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Orel BrodtSotheby's International RealtyMore Info
865-621-0670

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