501 Whitecrest Drive, Maryville, TN 37801

$4,000,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$4,000,000
List Price
$4,300,000
Closing Date
Oct 16, 2023
MLS#
1233351
Status
CLOSED
Type
Multifamily
City
Maryville
County
Blount
Year Built
1953

Property 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.

Additional Information

Construction
Frame
Floors
Laminate, Other
Garage
On Premise Parking, Off-Street Parking
Lot Dimensions
.
Subdivision
J M Turner Farm
Year Built
1953

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of SVN I Wood Properties. Selling Office: .

Agent: Kevin G. Tipton |

Office: SVN I Wood Properties |