1722 Coker Ave

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Address: 1722 Coker Ave, Knoxville, Tennessee, US
Created date: February 26, 2024
Date last updated: May 15, 2024
  • 20 units total - all 2 bed / 1 bath
  • 80% units renovated since 2018, increasing rents by over 30%
  • Roof replaced in 2019
  • On-site Laundry
  • Each unit separately metered for electric
  • Rubs for water / sewer
  • Metal exterior staircases
  • Close proximity to downtown Knoxville and the University of Tennessee

Property Description

SVN | Wood Properties of Knoxville is pleased to market and present the opportunity to acquire Belle Morris Apartments. A 20-unit valued add opportunity located in Knoxville, TN. Belle Morris Apartments represents an appealing opportunity to purchase a value-add asset allowing incoming ownership to continue renovating existing units and raising rents to market rate. This property consists of (20) 2 bedroom / 1 bathroom units. The community has an onsite laundry room and ample parking for residents. This property is just 8 minutes from downtown Knoxville. Agent is an owner of the Property.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,590,000
No. of Units: 20
Year Built: 1978
Lot Size: 0.82 Sq ft
Opportunity Zone: No
Price per unit: $129,500
Property Website Click Here
Address: 1722 Coker Ave, Knoxville, TN 37917, USA
Provided by:

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