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1722 Coker Ave

Knoxville, TN 37917
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 25 Days
  • ID#: 1204272
Under Contract
UPDATED: 46 min ago
$2,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1978
County:
Area:

School Ratings & Info

Description

Belle Morris Apartments is an apartment community consisting of 20 units in Knoxville, TN. All units are the same 2 bedroom, 1 bathroom floor plan. 85% the the units have been renovated since 2018. Roof has been replaced in 2019. Lots of recent improvements!Currently 95% occupied (will be 100% occupied shortly)20 units total - all 2 bed / 1 bathBuilt in 1978Light value add with room to increase rentsCurrent monthly income is at $15,74517/20 units have been renovatedRoof replaced in 2019All windows replace 2022On-site LaundryClose proximity to downtown Knoxville and the University of TennesseeEach unit separately metered for electricityWater is starting to be billed back to residents and will be 100% billed back within a month or two

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© 2022 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Chris Ball Properties | Keller Williams Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Chris Ball Properties | Keller Williams Realty. Data last updated: 2022-09-24T11:23:31.423.
www.knoxareahouses.com/homes/132550513
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1722 Coker Ave Knoxville, TN 37917

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 25 Days
  • Updated: 46 min ago
  • ID#: 1204272
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1978
Built
County:
Knox
Area:
Knoxville
Property Description
Belle Morris Apartments is an apartment community consisting of 20 units in Knoxville, TN. All units are the same 2 bedroom, 1 bathroom floor plan. 85% the the units have been renovated since 2018. Roof has been replaced in 2019. Lots of recent improvements!Currently 95% occupied (will be 100% occupied shortly)20 units total - all 2 bed / 1 bathBuilt in 1978Light value add with room to increase rentsCurrent monthly income is at $15,74517/20 units have been renovatedRoof replaced in 2019All windows replace 2022On-site LaundryClose proximity to downtown Knoxville and the University of TennesseeEach unit separately metered for electricityWater is starting to be billed back to residents and will be 100% billed back within a month or two
Exterior Features

Construction Frame - Brick Driveway Paved Garage Parking Off-Street ParkingOn Premise Parking Lot Size 233X150xirr Siding Brick

Interior Features

Cooling Central Cooling Floors Laminate Fuel Electric Heat Central Other Rooms Other

Property Features

Auction YN No City County Code City Limits City Taxes 6366.46 County Taxes 5478.08 Multifamily Sub Type Apartment New Financing CashConventionalNew Loan Property Status N/A Pud YN No Sale Includes Building And Land Tenant Expenses Tenant Pays All Util Total Tax 11844.54 Type Of Units 2 Bedroom Unit Utilities Mo Avg 1900.00

Listing information © 2022 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Svn I Wood Properties: (865) 936-9999.


© 2022 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Chris Ball Properties | Keller Williams Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Chris Ball Properties | Keller Williams Realty. Data last updated: 2022-09-24T11:23:31.423.
 
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Chris Ball Properties | Keller Williams Realty
1111 N. Northshore Dr. Suite N-600
Knoxville TN, 37919