6262 Clinton Hwy, Knoxville, TN 37912

$4,500,000
Property Type: Multi-Family Square Footage: 9,730 Lot Size (sq. ft.): 66,647 Status: Closed
Current Price: $4,500,000 List Date: 6/13/2024 Last Modified: 12/20/2024

Overview

Description

Introducing The Norwood, a brand new construction apartment complex in Knoxville, TN. This offering includes 24 fully furnished studio apartments, all of which are 300 SF. The property is currently operated as both traditional apartments with 12-month leases and short term rental units that are listed on Airbnb. There are laundry facilities located on site. There is also the ability to construct 24 additional units on the property.

Listing Details MLS# 1266173

Location Tax Legal Info

House #
6262
Street Name
Clinton
St Suffix
Hwy
State/Province
TN
Zip Code
37912
PIN #
068IC017
Subdivision
The Norwood

Contract Info

Auction Y/N
No
Listing Price
4800000

General Property Description

SqFt – Total (Aprox)
9730
Lot Dimensions
475.05 X 475.53 X IRR
Lot Size SqFt
66647
Number of Units
24
Utilities/Mo Avg
937.5
Year Built
2023
Property Status
N/A
Driveway
Pavement

Status Change Info

Status Change Date
2024-12-20
Under Contract Date
2024-09-04
Sold Date
2024-12-20

Location, Tax & Legal Info

Area
Knox County – 1
City/County Code
City Limits
Total Tax
3915.85

Remarks & Misc

Directions
Clinton Highway North from downtown about 2 miles. The Norwood is on the right.
Public Remarks
Introducing The Norwood, a brand new construction apartment complex in Knoxville, TN. This offering includes 24 fully furnished studio apartments, all of which are 300 SF. The property is currently operated as both traditional apartments with 12-month leases and short term rental units that are listed on Airbnb. There are laundry facilities located on site. There is also the ability to construct 24 additional units on the property.

More Information

Property Sub-Type

Apartment
Yes

Construction

Block
Yes
Frame
Yes

Type of Units

Efficiency Unit
Yes

Siding

Fiber Cement
Yes

Sale Includes

All Furnishings
Yes
Building and Land
Yes

Miscellaneous

Coin Laundry
Yes

Cooling

Central Cooling
Yes

Floors

Vinyl
Yes

Garage/Parking

Off-Street Parking
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes

Other Rooms

Other
Yes

Roof

Other
Yes

Exterior Features

Balcony
Yes
Prof Landscaped
Yes

Misc Features

Internet Available
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Property Features

Property Sub-Type: Apartment Type of Units: Efficiency Unit Sale Includes: All Furnishings; Building and Land Floors: Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Microwave; Range; Refrigerator; Self Cleaning Oven Construction: Block; Frame Roof: Other Siding: Fiber Cement Exterior Features: Balcony; Prof Landscaped Misc Features: Internet Available Other Rooms: Other Miscellaneous: Coin Laundry New Financing: Cash; Conventional; New Loan
Listing Office: SVN I Wood Properties
IDX
Office Phone: 865-936-9999
Last Updated: December – 20 – 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. 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.