211 Jessamine

Hospitality for Sale
Catylist Listing ID: 30528771
Property Subtypes: Hotel, Inn, Motel
Number of Units: 1 Units
Building Size (RSF): 10,454 SF
Gross Building Area: See Agent
Sale Price: $590,000
Unit Price: $590,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/25/2019

Overview / Comments

Up to 14c 1 bedroom efficiency units, 2 commercial spaces. Used to be a motel, then an apartment building. Suitable for short or long term rentals. Parking along building and on lot 19 (included in sale). 5 blocks to the Old City and Casewell Park. Easy I-40 access. Some units are partially finished, while other are partially demoed.

Please Contact Luke Kendziorski @ 865-356-2670

Additional Details

Nearest MSA: Knoxville
County: Knox
Tax ID/APN: 095AD020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,156 87,946 150,523
Median Age: 35.25 32.6 34.95
Households: 6,319 36,011 64,382
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