501 Whitecrest Drive, Maryville, TN 37801
$4,000,000
Property Type:
Multi-Family
Status:
Closed
Current Price:
$4,000,000
List Date:
7/14/2023
Last Modified:
10/17/2023
Overview
Description
Whitecrest Apartments includes three buildings that total 36 units. There are 26 2 BD / 1 BA units and 10 1 BD / 1 BA units. Significant capex has been completed including 21 units renovated. A buyer can continue renovations and continue increasing rents. Vacancies are due to recent renovations of units. Landlord pays water/sewer and tenants pay electric. There are laundry facilities on site.
Whitecrest Apartments is centrally located in booming Maryville, TN. The property is surrounded by major retailers such as Target, Home Depot, Starbucks and others. The property is just minutes from Maryville College, Maryville High School, and downtown Maryville.
Whitecrest Apartments is part of a 9 property, 116 unit portfolio . All properties can be bought together or separately.
Listing Details MLS# 1233351
Location Tax Legal Info
- House #
- 501
- Street Name
- Whitecrest
- St Suffix
- Drive
- State/Province
- TN
- Zip Code
- 37801
- PIN #
- 057G A 009.00
- Subdivision
- J M Turner Farm
Contract Info
- Auction Y/N
- No
- Listing Price
- 4300000
General Property Description
- Lot Dimensions
- .
- Number of Units
- 36
- Year Built
- 1953
- Property Status
- N/A
- Driveway
- Paved
- Utilities/Mo Avg
- 0
Status Change Info
- Status Change Date
- 2023-10-17
- Under Contract Date
- 2023-08-10
- Sold Date
- 2023-10-16
Location, Tax & Legal Info
- Area
- Blount County – 28
- City/County Code
- City Limits
- Total Tax
- 20639.86
Remarks & Misc
- Directions
- West on Foothills Mall Drive to RT on on Turner to RT on Whitecrest
- Public Remarks
- Whitecrest Apartments includes three buildings that total 36 units. There are 26 2 BD / 1 BA units and 10 1 BD / 1 BA units. Significant capex has been completed including 21 units renovated. A buyer can continue renovations and continue increasing rents. Vacancies are due to recent renovations of units. Landlord pays water/sewer and tenants pay electric. There are laundry facilities on site. Whitecrest Apartments is centrally located in booming Maryville, TN. The property is surrounded by major retailers such as Target, Home Depot, Starbucks and others. The property is just minutes from Maryville College, Maryville High School, and downtown Maryville. Whitecrest Apartments is part of a 9 property, 116 unit portfolio . All properties can be bought together or separately.
More Information
Property Sub-Type
- Apartment
- Yes
Construction
- Frame
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
- 2 Bedroom Unit
- Yes
Sale Includes
- Building and Land
- Yes
Cooling
- Other
- Yes
Floors
- Laminate
- Yes
Garage/Parking
- Off-Street Parking
- Yes
- On Premise Parking
- Yes
Fuel
- Other Fuel
- Yes
Heat
- Other
- Yes
Other Rooms
- Other
- Yes
Roof
- Shingle
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Apartment
Type of Units:
1 Bedroom Unit; 2 Bedroom Unit
Sale Includes:
Building and Land
Floors:
Laminate
Fuel:
Other Fuel
Heat:
Other
Cooling:
Other
Construction:
Frame
Roof:
Shingle
Other Rooms:
Other
New Financing:
Cash; Conventional
Showing:
See Agent Instructns
Listing Office:
SVN I Wood Properties
IDX
Office Phone: 865-936-9999
Last Updated: October – 17 – 2023
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.
IDX information is provided exclusively for consumers’ personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.