2121 Citrus St, Knoxville, TN 37917
Commercial property for sale
2121 Citrus St, Knoxville, TN 37917
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- Description
- Brand New Roof & Gutters! Typically 95-100% occupancy. Cap Rate 13.3% in 2011; 9.7% actual 2010 during difficult year. Only $27,500 per unit. Download complete property package: http://dl.dropbox.com/u/15996566/Pkg_Citrus_St_Apts.pdf 20-units in 5 quadplexes (8) 2-BR and (12) 1-BR. Just 1/2 mile to I-40 off Cherry St. These apartments stay full due to location: there are many industrial jobs in the immediate area and it is just 1/2 block to KAT Bus route 30 and 1/2 mile to I-40. Units have stoves and refrigerators. All-electric units are separately metered and paid by tenant. Each apartment has an A/C unit and heat is supplied by ceil-heat or baseboard. No sign on the property. Please don't disturb the residents. All showings are by appointment with the listing agent. Building price details: $550,000.
- Property Details
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Building Name: Citrus Apartments Property Type: Multifamily Use Types: Low-Rise/Garden Status: Available Price: $ 27,500 +/Unit Number of Stories: 2 Year Built: 1979 MSA: Knoxville Zoning: R-2 Buildings: 5 Broadband Internet: Cable, DSL Construction: Brick, Concrete, Wood Frame, Wood Siding Terms: Cash to Seller Added: 02/17/2012 Last Update: 07/19/2012 - Exterior Features
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Parking: Yes Parking Spaces: 40 Parking Type: Surface - Contact info
- 865-247-7809 [Office]
- Note
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