332 Forestal Dr, Knoxville, TN 37918 - multi-family property

Detailed information about multi-family property which situated in Knoxville (37918) city, Tennessee state on 332 Forestal Dr.
Excellent location in Fountain City community. Quiet neighborhood next to Heritage Assisted Living. 0.7 mile to I-640 & Broadway St, interchange, 1 block to National Fitness Center and Pratt’s Country Store, , ½ mile to Food City, 1 mile to new Kroger.

Additional Information: Multifamily Investment Opportunity. 20-Unit, All Brick complex. 9.7% Cap Rate, 5.89 GRM. Tenants pay own electric. Excellent location in Fountain City community. Quiet neighborhood next to Heritage Assisted Living. 0.7 mile to I-640 & Broadway St, interchange, 1 block to bus line, National Fitness Center and Pratt’s Country Store, , ½ mile to Food City, 1 mile to new Kroger, All 1-BR units. Each with Central HVAC, Dishwasher, Double Sinks. Thermopane windows. Plenty of parking. Built in 1980, Well-maintained. $50,000 of renovations made since Aug. 2007. New Roof & Gutters to be installed by Feb. 2012 No sign on Property. Please don't disturb the tenants. All showings are by appointment with the listing agent and typically require 24 hour tenant notice. All measurements and square footage are approximate and buyers are responsible for confirming all information important to them.

Property Address: 332 Forestal Dr, Knoxville TN 37918

Cost: $575,000
  • Building Info
  • Building Name: Forestal Apartments
  • Buildings: 2
  • Year Built: 1980
  • Renovated: 2008
  • Stories: 2
  • Construction: Brick
  • Parking Ratio: 1.50
  • Parking Type: Surface
  • Parking Spaces: 30
  • Head source: Central
  • Head type: Electricity
  • Internet: Cable, DSL
  • Details
  • Zoning: R-2
  • Rental Info
  • Ideal Use: Low-Rise/Garden
  • Status: For sale
  • Sales Term: Cash to Seller
  • Price: $575,000
  • Unit Price: $28,750 Per Unit
  • Renters Information

NOTE: Please contact with Steve Goldman, CCIM if you want to get more accurate details about pricing and availability of multi-family property For sale.

332 Forestal Dr, Knoxville, TN 37918 multi-family For sale on GoogleMaps

  • Type: multi-family
  • Address: 332 Forestal Dr
  • City: Knoxville
  • State: TN
  • County: Knox
  • Zip-Code: 37918
  • Updated: 04/05/12

All information about multi-family property For sale that located on 332 Forestal Dr, Knoxville, TN 37918 was obtained from reliable sources, but we cannot guarantee that all data about pricing, details of the building and property was completed without error or has not been changed without notice or withdrawal without notice. If you want to get complete and actual information, please contact with agents.

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