Stonegate Townhomes + Development Site
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||$235,294.12 Per Unit
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||Cash to Seller
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Overview / Comments
SVN | Wood Properties is proud to exclusively present Stonegate Townhomes. Stonegate Townhomes consists of 34 existing units, 51 platted, recorded, turn-key lots, and a 4.5-acre tract of residential zoned property that could be an additional phase of townhouse development. The 34 existing units are a mix of (14) 2 bedroom / 2 bathroom units and (20) 2 bedroom / 2.5 bathroom units. All units feature garages, high ceilings, and washer dryer hookups. All units are individually parceled and capable of a condo conversion exit strategy. All units are individually metered and tenants pay all utilities. The current loan is assumable. Please reach out to the listing brokers for more information.
||34 Newer Vintage Townhomes,
51 Shovel Ready Lots,
Located in Booming Knoxville Submarket
||Stonegate is located in Loudon County adjacent to Loudon Elementary School. The property is just outside of Lenoir City and is 25 minutes from the center of West Knoxville.
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