Broadway Apartments

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30737593
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 4 Units
Building Size (RSF): 18,987 SF
Gross Building Area: See Agent
Sale Price: $995,000
Unit Price: $248,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/29/2021

Overview / Comments

Located on North Broadway in red-hot Downtown North, Broadway Apartments is in the heart of an area that is quickly transforming into the next iteration of Downtown Knoxville's renaissance. This property is located 5 minutes north from the heart of Downtown Knoxville in the booming Fourth & Gill area. Local attractions nearby that tenants will enjoy include: K-Brew, Schulz Brau, Barrel House by Gypsy Circus, Hops and Hollers, and the coming soon Yee-Haw Brewing Company.

This property features four existing apartments that are rent ready. Additionally, there is over 8000 SF of unfinished space that can be converted to apartments. Tenants will enjoy the exposed brick and historic charm this building has to offer.

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 081MP013
Year Built: 1929

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,585 93,495 162,296
Median Age: 33.99 32.92 35.27
Households: 5,234 38,638 69,303


Photograph of Listing Agent

Kevin Tipton

SVN I Wood Properties
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