9109 Chapman Hwy - Apartments FOR SALE


Knoxville, TN 37920
$36,150,000 USD
865-603-9887
9109 Chapman Hwy, Knoxville, TN for Sale
$36,150,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

9109 Chapman Hwy
Knoxville, TN 37920


HIGHLIGHTS

  • 113 New Construction Townhomes
  • Individually Parceled
  • Class A Finishes
  • Located in South Knoxville

OVERVIEW

SVN | Wood Properties is proud to exclusively present Chapman Trace Townhomes. These new construction, Class A units are being built by Turner Homes, one of East Tennessee's largest and most well-respected home builders. This offering includes 113 units, all of which are townhomes. 80 of the units are 1471 SF featuring 3 bedrooms, 2.5 bathrooms, and a one car garage. 33 of the units are 1850 SF featuring 3 bedrooms, 2.5 bathrooms, and a two car garage. Amenities will include a pool, pavilion, and grilling stations. The units are all individually parceled, allowing an investor to either hold these as rentals or sell them individually. This community is located in South Knoxville, one of the fastest growing areas in Knox County. Downtown Knoxville and the University of Tennessee are both less than 20 minutes away, making these units centrally located to all amenities and attractions that Knoxville has to offer. The community is just outside of Knoxville city limits and is near Seymour. The estimated monthly rent for these townhomes is $2,250-$2,400 or more. Closings will take place in groups as the units are built and receive their COs.

FOR SALE DETAILS

PRICE

$36,150,000 USD

PRICE/SF

$202 USD /SF

# OF UNITS

113

PRICE/UNIT

$319,912

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chapman Trace Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.37 AC

LAND SF

538,837 SF

ZONING

PR

APN/PARCEL ID

150 020

ASK ABOUT THIS PROPERTY

Cohl MorganSVN | Wood PropertiesMore Info
865-603-9887

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Cohl MorganSVN | Wood PropertiesMore Info
865-603-9887

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