11,396 SF Multi-Family Conversion Opportunity on 3.12 Acres
Multi-Family
for Sale
| Catylist Listing ID: |
30471075 |
| Property Subtypes: |
Low-Rise/Garden, Mixed Use, Senior Living, Other
|
| Number of Units: |
2 Units |
| Building Size (RSF): |
11,396 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
3.12 Acres
|
| Sale Price: |
$950,000 |
| Unit Price: |
$475,000 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/10/2019 |
Overview / Comments
Development property located in Royal Oaks. 11,396 SF Event Center with a full restaurant and equipment package. Ample parking and panoramic views of Blount County as this site is situated at the highest point in the City of Maryville. Adjoining property is 100% leased multi-family condo suites. This property is well-positioned for multi-family conversion or redevelopment opportunities.
See attached PDF offering for interior pictures.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Blount |
| Tax ID/APN: |
005068 00401 |
| Zoning: |
COMMERCIAL |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,875 |
33,074 |
66,426 |
| Median Age: |
37.07 |
39.4 |
40.25 |
| Households: |
2,360 |
13,028 |
26,611 |
|
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