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Listing Detail

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Investors you'll want to add this one to your portfolio. Total 29 units in 55+ community apartments. 15 (1 bedroom), 14 (2 bedroom) units. Full brick buildings and community room. Centrally located in the heart of Hamblen County. Waiting list for future tenants.

General Features


  • Basement/Foundation:Slab
  • Driveway:Asphalt
  • Exterior Amenities:Cable T.V.
  • Exterior Materials:Brick
  • Landscape Expense:4320.00
  • Lot - Front Side:IRR
  • Lot - Left Side:IRR
  • Lot - Right Side:IRR
  • Porch / Patio / Deck:Open Patio
  • Roof:Shingle
  • Sewer:Public Sewer
  • Water:Separate Meters
  • Water Supply:Public Water


  • Appliances:Dishwasher, Dry/Connection, Electric Range/Oven, Range Hood, Refrigerator, Wash/Connection
  • Cooling:Heat Pump
  • Heating:Heat Pump
  • Interior Amenities:Ceiling Fan, Smoke Detector
  • Laundry Room Location:Main Level
  • Water Heater:Electric

Other Features

  • :14
  • :14
  • 1 Bedroom # of Units:15
  • 1 Bedroom Bathrooms:15
  • 1 Bedroom Central AC:15
  • 1 Bedroom Central Heat:15
  • 1 Bedroom Dishwasher:15
  • 1 Bedroom Refrigerator:15
  • 1 Bedroom Rent/Month:675.00
  • 1 Bedroom Stove:15
  • 1 Bedroom Wshr/Dryer Hkup:15
  • 2 Bedroom # of Units:14
  • 2 Bedroom Bathrooms:14
  • 2 Bedroom Central AC:14
  • 2 Bedroom Central Heat:14
  • 2 Bedroom Dishwasher:14
  • 2 Bedroom Refrigerator:14
  • 2 Bedroom Rent/Month:730.00
  • Apx.Total SqFt:29812
  • City Taxes:11691.78
  • County Taxes :14742.00
  • Electricity:Separate Meters
  • Gross Schd Annual Income:244140.00
  • Insurance Expense:8877.00
  • Internet Available:Cable
  • Layout:Front & Back, Multiple Building
  • Net Operating Income:183177.54
  • Number of Units:29
  • Other Expense:1759.68
  • Phase:-
  • Possession:At Closing
  • Status:Active
  • Unit:-
  • Utility Expense:19575.00

This listing is courtesy of .

The data relating to real estate for sale on this website comes in part from the IDX Program of the Lakeway Area Association of REALTORS® Multiple Listing Service, © Copyright 2008. All rights reserved. Listing information is normally updated every 24 hours. This listing was last updated on November 25, 2020

  • $2,450,000
  • Est. Payment $11,751 mo.*
    Morristown, TN
  • Built in 2001
  • 5.58 Acres
  • Listing #: 591221

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Contact Information

RE/MAX Real Estate Ten
4780 West Andrew Johnson Hwy
Morristown, TN 37814
Office:(423) 581-8881

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