281 John McGhee Blvd
Property Description
24-unit apartment complex ideally located right off the interstate exit in Caryville, offering excellent visibility and convenient access. This property features a strong unit mix consisting of 9 studio units, 11 one-bedroom units, 3 two-bedroom units, and 1 four-bedroom unit. The complex has been fully renovated with major capital improvements already completed, including new flooring, roof, PTAC units, appliances, cabinets, electrical panels and meters, as well as updated plumbing and individual plumbing meters. All utilities are separately metered and paid directly by the tenants, providing a true low-maintenance investment opportunity. Prime location with easy access to I-75 and a short drive to Knoxville, making it highly attractive for both tenants and investors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,149,900 |
| No. of Units: | 24 |
| Year Built: | 1978 |
| Opportunity Zone: | No |
| Price per unit: | $89,579 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-KAARMLSTN-1336430
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