4917 Jenkins Rd, Knoxville, TN 37918

$1,200,000
Property Type: Multi-Family Square Footage: 357,224 Status: Closed
Current Price: $1,200,000 List Date: 1/15/2012 Last Modified: 11/16/2019

Description

Well-maintained, easy to rent apts in desireable Fountain City. All Roofs recently replaced. Download complete property package now at http://bit.ly/normandyapts. 10.1pct. Cap Rate. 12-18pct. Cash on Cash for 2011, 15-22pct. for 2012, depending on loan terms. At a Bus stop. Close to Grocery, Park and Restaurants. Over $700,000 in recent renovations. 11 units extensively renovated. Must see!Spacious (1,000 SF) andattractive floor plans. W/D connections, Deck or Patio for every unit. In-wall Conde

Supplements: nsers so no units outside at risk. 64 parking spaces. Experienced On-Site Manager available.

More Information MLS# 785645

Location, Tax & Legal Info

Area: Knox County - 1 City/County Code: City Limits Total Tax: 19711

General Property Description

Lot Dimensions: 246.94 X 98.73 X IRR Driveway: Asphalt SqFt - Total (Aprox): 357224 Number of Units: 36 Year Built: 1968

Remarks & Misc

Directions: In Fountain City. From I-640, take Broadway St. north 0.8 miles to left on Highland Dr (stoplight at Walgreens and Free Service Tire). Go 1.0 mile to Jenkins Rd and turn left into Normandy Chateau Apts on the SW corner of Jenkins Rd and Highland Dr. Public Remarks: Well-maintained, easy to rent apts in desireable Fountain City. All Roofs recently replaced. Download complete property package now at http://bit.ly/normandyapts. 10.1pct. Cap Rate. 12-18pct. Cash on Cash for 2011, 15-22pct. for 2012, depending on loan terms. At a Bus stop. Close to Grocery, Park and Restaurants. Over $700,000 in recent renovations. 11 units extensively renovated. Must see!Spacious (1,000 SF) andattractive floor plans. W/D connections, Deck or Patio for every unit. In-wall Conde

Income/Expenses

Gross Annual Income: 220019 Annual Oper Expenses: 79743

Property Sub-Type

Apartment: 1

Construction

Frame - Brick: 1

Type of Units

2 Bedroom Unit: 1 Garden: 1 Unfurnished: 1

Siding

Brick: 1

Sale Includes

Building and Land: 1

Cooling

Central Cooling: 1

Floors

Carpet: 1 Hardwood: 1 Tile: 1

Garage/Parking

On Premise Parking: 1

Tenant Expenses

Cooling: 1 Electricity: 1 Heating: 1

Owner Expenses

Common Area Maintenance: 1 Lawn Maintenance: 1 Sewer: 1 Trash Collection: 1 Water: 1

Fuel

Electric: 1

Heat

Central: 1 Forced Air: 1

Appliances

Microwave: 1 Range: 1 Refrigerator: 1

Other Rooms

Other: 1

Roof

Roof Info: 1 New, 2 Recent

New Financing

Cash: 1 Conventional: 1

Location Tax Legal Info

House #: 4917 Street Name: Jenkins St Suffix: Rd State/Province: TN Zip Code: 37918 PIN #: 069BC005 Geo Lat: 36.021783 Geo Lon: -83.94501

Contract Info

Listing Price: 1260000 Current Price: $1,200,000 Status: Closed Listing Date: 2012-01-15

Status Change Info

Status Change Date: 2012-06-29 Under Contract Date: 2012-05-07 Sold Date: 2012-06-29 Sold Price: $1,200,000

IncomeExpenses

Net Operating Income: 141027

Property Features

Property Sub-Type: Apartment Type of Units: 2 Bedroom Unit; Garden; Unfurnished Sale Includes: Building and Land Floors: Carpet; Hardwood; Tile Tenant Expenses: Electricity Owner Expenses: Common Area Maintenance; Lawn Maintenance; Sewer; Trash Collection; Water Fuel: Electric Heat: Central; Forced Air Cooling: Central Cooling Appliances: Microwave; Range; Refrigerator Construction: Frame - Brick Siding: Brick Other Rooms: Other New Financing: Cash; Conventional
Listing Office: Goldman Partners Realty, LLC
Office Phone: 865-705-8675
Last Updated: November - 16 - 2019
4917 Jenkins Rd, Knoxville, TN 37918- MLS# 785645
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