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
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