2995 Blue Springs Pkwy, Greeneville, TN 37743

$3,000,000
Property Type: Multi-Family Square Footage: 38,072 Status: Closed
Current Price: $3,000,000 List Date: 3/10/2025 Last Modified: 8/18/2025

Description

Located in Greeneville, TN, Blue Springs Village was built in 2007 and is comprised of 40 units. This affordable apartment community is 100% occupied and has a unit mix consisting of 1, 2, and 3 bedroom units. Community amenities include a playground, disability access, and emergency maintenance. Each unit has washer / dryer hookups. Blue Springs Village is roughly 14% below the maximum allowable rents established by HUD. This property is part of a 148 unit, three property LIHTC portfolio being sold in East Tennessee.

More Information MLS# 1292779

Location, Tax & Legal Info

Area: Greene County - 57 City/County Code: County Total Tax: 18161.22

Contract Info

Auction Y/N: No Listing Price: 3400000 Current Price: $3,000,000 Status: Closed Listing Date: 2025-03-10

General Property Description

Lot Dimensions: n/a # Units Leased: 39 Utilities/Mo Avg: 2601.1 Property Status: N/A Driveway: Paved SqFt - Total (Aprox): 38072 Number of Units: 40 Year Built: 2007

Remarks & Misc

Directions: Head northwest on W Andrew Johnson Hwy (US-11E S). Go for 0.1 mi. Make a U-Turn onto W Andrew Johnson Hwy (US-11E N). Go for 0.8 mi. Take ramp onto W Summer St (US-11E-BR S) toward US-11E-BR/Downtown/Greeneville. Go for 1.7 mi. Arrive at property. Public Remarks: Located in Greeneville, TN, Blue Springs Village was built in 2007 and is comprised of 40 units. This affordable apartment community is 100% occupied and has a unit mix consisting of 1, 2, and 3 bedroom units. Community amenities include a playground, disability access, and emergency maintenance. Each unit has washer / dryer hookups. Blue Springs Village is roughly 14% below the maximum allowable rents established by HUD. This property is part of a 148 unit, three property LIHTC portfolio being sold in East Tennessee.

Property Sub-Type

Apartment: 1

Construction

Frame - Brick: 1

Type of Units

1 Bedroom Unit: 1 2 Bedroom Unit: 1 3 or more Bdrm Units: 1

Sale Includes

Building and Land: 1

Miscellaneous

Patio: 1 Playparks: 1 Washer/Dryer Cnctns: 1

Cooling

Ceiling Fan(s): 1

Floors

Carpet: 1 Laminate: 1 Vinyl: 1

Garage/Parking

On Premise Parking: 1

Fuel

Other Fuel: 1

Heat

Central: 1

Other Rooms

Other: 1

Roof

Shingle: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 2995 Street Name: Blue Springs St Suffix: Pkwy State/Province: TN Zip Code: 37743 PIN #: 085018.02 Geo Lat: 36.181135 Geo Lon: -82.878381

Status Change Info

Status Change Date: 2025-08-18 Under Contract Date: 2025-05-27 Sold Date: 2025-08-15 Sold Price: $3,000,000

Property Features

Property Sub-Type: Apartment Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Building and Land Floors: Carpet; Laminate; Vinyl Fuel: Other Fuel Heat: Central Cooling: Ceiling Fan(s) Construction: Frame - Brick Roof: Shingle Other Rooms: Other Miscellaneous: Patio; Playparks; Washer/Dryer Cnctns New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
Listing Office: SVN I Wood Properties
Office Phone: 865-936-9999
Last Updated: August - 18 - 2025
2995 Blue Springs Pkwy, Greeneville, TN 37743- MLS# 1292779
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