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
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