1414 Highland Ave - Apartments FOR SALE


Knoxville, TN 37916
$1,125,000 USD
865-549-7405
1414 Highland Ave, Knoxville, TN for Sale
$1,125,000 USD
Apartments - FOR SALE
1/38
null | 7.15% Cap Rate

1414 Highland Ave
Knoxville, TN 37916


HIGHLIGHTS

  • Located close to the University of Tennessee in Knoxville, TN
  • Quality Renovation, Turn-Key Investment, No Improvement Needed
  • Off-Street Parking Area for Rental Included

OVERVIEW

Check out this hard-to-find Investment Gem! Located in the Fort Sanders neighborhood in Knoxville, TN, and renovated in 2015, this investment rental is Quality Throughout. Fort Sanders is primarily a student rental market located next to the University of Tennessee, and if you know the area, you will understand the superb location of this address for tenants attending the University. The house is a total of 1 unit (the whole house, not divided). It boasts 6 bedrooms, 4 bathrooms, 2 kitchens, and its own parking lot. It is fully rented through the 2026 (spring) rental season, and you will find those rents are well below current market! Current rents may be low by as much as 40%! This property is in fantastic condition, and it will not last long. Come take a look! Showings are by appointment only, and a minimum of 24hrs of prior notice will be required to tour the property. Do not disturb tenants on site and call Agent for more information.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$571 USD /SF

# OF UNITS

1

PRICE/UNIT

$1,125,000

CAP RATE

7.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

University of Tennessee College Rental

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RN-5

APN/PARCEL ID

094MA002

ASK ABOUT THIS PROPERTY

Daniel OdleLawlerWood, LLCMore Info
865-549-7405

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Daniel OdleLawlerWood, LLCMore Info
865-549-7405

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.