706 E Inskip Dr - Apartments FOR SALE


Knoxville, TN 37912- Uptown Knoxville
$1,750,000 USD
865-603-9887
706 E Inskip Dr, Knoxville, TN for Sale
$1,750,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

706 E Inskip Dr
Knoxville, TN 37912
Uptown Knoxville


HIGHLIGHTS

  • 14 Units - All 1 Bed / 1 Bath
  • All Brick Building
  • 8 Units Renovated
  • Located in North Knoxville, Just 10 Minutes to Downtown

OVERVIEW

PWA Properties is pleased to present Gate Manor Apartments, a 14-unit multifamily property located at 706 E Inskip Drive in Knoxville, Tennessee. The all-brick property consists entirely of 1 bed / 1 bath units, with 8 of the 14 units having been renovated, providing an opportunity for an investor to continue renovations and increase rental income.The landlord currently pays water and sewer, with tenants billed back $65 per month, while tenants are responsible for their own electric. The property is located in North Knoxville with convenient access to I-75 and only 10 minutes to downtown Knoxville.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$146 USD /SF

# OF UNITS

14

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gate Manor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,541 SF

ZONING

RN-5

APN/PARCEL ID

069HF-005

ASK ABOUT THIS PROPERTY

Cohl MorganPWA PropertiesMore Info
865-603-9887

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Cohl MorganPWA PropertiesMore Info
865-603-9887

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