107 Garrett Lane, Maryville, TN 37804
$1,926,100
Property Type:
Multi-Family
Square Footage:
16,953
Lot Size (sq. ft.):
3
Status:
Closed
Current Price:
$1,926,100
List Date:
5/05/2024
Last Modified:
7/16/2024
Overview
Description
Great Opportunity in Maryville just outside the city limits, high traffic area. Parkway Vista Apartments include two apartment buildings ( 21 units total) and a house located on the premises currently used by the property manager. There are four parcels being sold together approx. 3.24 acres. Several units have been remodeled but there is opportunity for value add. All units are garden apartments. There are 16 two bedroom apartments, 4 one bedroom apartments, and a unit that has been used as an office that can be converted back to an efficiency unit. Most units are in good condition, heat and air is provided with thru wall units. Shown by appointment only. Property Manager on site at times.
Listing Details MLS# 1261828
Location Tax Legal Info
- House #
- 107
- Street Name
- Garrett
- St Suffix
- Lane
- State/Province
- TN
- Zip Code
- 37804
- PIN #
- 059 005.00
Contract Info
- Auction Y/N
- No
- Listing Price
- 1850000
General Property Description
- SqFt – Total (Aprox)
- 16953
- Lot Dimensions
- 111 x 448 x 155 x 136 x 126 x 269 x 539 irreg
- Lot Size SqFt
- 3.243
- Number of Units
- 21
- # Units Leased
- 18
- Utilities/Mo Avg
- 1272
- Year Built
- 1968
- Property Status
- N/A
- Restrictions
- No
- Driveway
- Private
Status Change Info
- Status Change Date
- 2024-07-12
- Under Contract Date
- 2024-05-06
- Sold Date
- 2024-07-11
Location, Tax & Legal Info
- Area
- Blount County – 28
- City/County Code
- County
- Elementary School
- Walland
- Middle School
- Heritage
- Total Tax
- 9320.9
- High School
- Heritage
Remarks & Misc
- Directions
- From Maryville, east on Lamar Alexander Parkway, left on Garrett Lane to apartments on left and at the end of the road. The house is on the left side .
- Public Remarks
- Great Opportunity in Maryville just outside the city limits, high traffic area. Parkway Vista Apartments include two apartment buildings ( 21 units total) and a house located on the premises currently used by the property manager. There are four parcels being sold together approx. 3.24 acres. Several units have been remodeled but there is opportunity for value add. All units are garden apartments. There are 16 two bedroom apartments, 4 one bedroom apartments, and a unit that has been used as an office that can be converted back to an efficiency unit. Most units are in good condition, heat and air is provided with thru wall units. Shown by appointment only. Property Manager on site at times.
More Information
Income/Expenses
- Gross Annual Income
- 124578
Property Sub-Type
- Apartment
- Yes
- Other
- Yes
Construction
- Frame – Brick
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
- 2 Bedroom Unit
- Yes
- Garden
- Yes
- Unfurnished
- Yes
Siding
- Brick
- Yes
- Stone
- Yes
- Vinyl
- Yes
Sale Includes
- Building and Land
- Yes
Miscellaneous
- Utility Room
- Yes
Cooling
- Other
- Yes
Floors
- Carpet
- Yes
- Hardwood
- Yes
- Laminate
- Yes
- Vinyl
- Yes
Garage/Parking
- Carport
- Yes
Tenant Expenses
- Cooling
- Yes
- Electricity
- Yes
- Heating
- Yes
- Telephone
- Yes
Owner Expenses
- Common Area Maintenance
- Yes
- Exterior Maintenance
- Yes
- HVAC Maintenance
- Yes
- Insurance
- Yes
- Lawn Maintenance
- Yes
- Leasing Fees
- Yes
- Roof Maintenance
- Yes
- Sewer
- Yes
- Supplies
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Fuel
- Electric
- Yes
Heat
- Other
- Yes
Appliances
- Dishwasher
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Smoke Detector
- Yes
Other Rooms
- Bedroom Main Level
- Yes
Roof
- Metal
- Yes
- Shingle
- Yes
Exterior Features
- Porch – Covered
- Yes
- Shed
- Yes
- Windows – Insulated
- Yes
- Windows – Vinyl
- Yes
Misc Features
- Internet Available
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- New Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Apartment; Other
Type of Units:
1 Bedroom Unit; 2 Bedroom Unit; Garden; Unfurnished
Sale Includes:
Building and Land
Floors:
Carpet; Hardwood; Laminate; Vinyl
Tenant Expenses:
Electricity; Telephone
Owner Expenses:
Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Leasing Fees; Roof Maintenance; Sewer; Supplies; Taxes; Trash Collection; Water
Fuel:
Electric
Heat:
Other
Cooling:
Other
Appliances:
Dishwasher; Range; Refrigerator; Smoke Detector
Construction:
Frame – Brick
Roof:
Metal; Shingle
Siding:
Brick; Stone; Vinyl
Exterior Features:
Porch – Covered; Shed; Windows – Insulated; Windows – Vinyl
Misc Features:
Internet Available
Other Rooms:
Bedroom Main Level
Miscellaneous:
Utility Room
New Financing:
Cash; Conventional; New Loan
Showing:
See Agent Instructns
Listing Office:
Realty Executives Associates
IDX
Office Phone: 865-983-0011
Last Updated: July – 16 – 2024
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
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it may not be used for any purpose other than to identify prospective properties
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