Multi-Family Investment Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30802044 |
| Property Subtypes: |
Multi-Family
|
| Gross Land Area: |
11.50 Acres
|
| Sale Price: |
$750,000 |
| Unit Price: |
$65,217 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/29/2023 |
Overview / Comments
|
Attention Multi-Family developers, builders, and investors. This is a great opportunity for an investment within the planned community of Willow Creek. Complete with amenities, fitness center, basketball courts, tennis courts, swimming pool, playground, small conference rooms, and over 4 miles of walking trails. This acreage has been master-planned with completed construction drawings, site plans, engineering plans, utility plans, etc. All entitlements have been approved by the City of Sweetwater and the State of Tennessee for a 100 unit Multi-Family Apartment Complex. Call today to discuss this opportunity.
|
Additional Details
| Nearest MSA: |
Athens |
| County: |
Monroe |
| Taxing Authority: |
Monroe County |
| Tax ID/APN: |
23O A 001.02 |
| Zoning: |
TND |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
HWY 68 |
| Part of Planned Development?: |
Yes |
| Development Name: |
Willow Creek |
| In Flood Plain?: |
Yes |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,204 |
6,861 |
14,168 |
| Median Age: |
42.37 |
42.44 |
41.16 |
| Households: |
503 |
2,789 |
5,629 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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