5525 Jacksboro Pike, Knoxville, TN 37918

$1,850,000
13,728
SqFt

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List Price
$1,850,000
Status
ACTIVE
Days on Market
6
MLS#
1354678
Subtype
Residential Income
Year Built
1976
Living Area
13,728
Lot Size
26,789
Acres
0.62

Property Description

RARE FOUNTAIN CITY 17 UNIT COMPLEX - ALL BRICK - PRICED AT TAX APPRAISAL Hillside Apartments is professionally managed by Brun Property Management, enjoys just one vacancy and has an excellent unit mix of 16 two bedroom units and 1 one bedroom unit. Upgrades include new windows, fresh paint and HVAC's replaced as needed. There is still over 15% in rental upside and Hillside is priced to sell at Knoxville's recent tax appraisal. This complex enjoys a convenient north Knox location in Fountain City. Fountain City is a bustling suburb of Knoxville with an abundance of local dining options, grocery stores, parks and the famous ''duck pond''. Fountain City has a uniquely neighborhood feeling while offering easy access to bus lines, I-40, I-75, downtown Knoxville, Covenant Baseball Stadium & the University of TN. With at least 15% in rental upside, a great unit mix and terrific location, Hillside Apartments offers an excellent value add investment. No sign on property. Please do not disturb residents. All showings by appointment only.

Additional Information

Exterior Features
Windows - Vinyl
Appliances
Refrigerator, Range, Dishwasher
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Brick

Courtesy of Goldman Partners Realty, LLC

Agent: Solange Velas |

Office: Goldman Partners Realty, LLC |

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