Carlton Hackney Can Help You Purchase This Unit

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101 College Park Lane, Knoxville, 37918

Priced At: $1,700,000

Property Details for ID: 1132869

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SqFt: 0
Price SqFt: n/a
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Closed
Property Type: MultiFamily
On Market Date: 2020-10-15T12:38:32Z
Subdivision: W S Mcfadden Prop & Parcel

Public Remarks: 26 units in the heart of the Fountain City community of Knoxville. The Evergreen Apartments are all brick and in very good condition. The current owner/manager says the property is easily kept rented since it is close to shopping, access to I-640 and all (but one) unit has washer/dryer connections and most come with a stacked washer/dryer unit. There are two buildings built in 1970 & 1972. However, in 2015, the rear building suffered a fire. Reconstruction was completed in 2016 including a roof. The interiors of the 11 units were completely redone, taken down to only the perimeter studs. All new plumbing, electric and fixtures were installed. one unit and a storage room were added as ground up construction.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1970
Sub-Type: Apartment
Sale Includes: Building and Land
Unit Type(s): 1 Bedroom Unit, 2 Bedroom Unit

  Exterior Features

Construction: Frame - Brick
Siding: Brick

  Appliances

RangeOven, Refrigerator, Smoke Detector

  Room Dimensions

  Interior Features

Floors: Carpet, Vinyl
Other Rooms: Other
Misc Features: Wired for Internet

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, Exchange, New Loan
Gross Annual Income: 187,500
Annual Operating Expenses: 75,417
Net Operating Income: 102,708

  HOA Information

Heating & Cooling

Cooling Type(s): Window Unit
Heat Type(s): Baseboard Wall

Garage / Parking

On Premise Parking

  Community Features

Outbuildings


Presented By: Steve Goldman / Goldman Partners Realty, LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From I­640, take Exit 6 for U.S. 441 toward Broadway and take Broadway north toward Fountain City. Turn left onto Church St after approximately 1.3 miles. Then turn right onto Fountain Rd, take another right onto College Park Ln. Destination will be on the right.



Your commute

( Departing today at 8:00am )


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