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

Overview

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.

Listing Details MLS# 785645

Location Tax Legal Info

House #
4917
Street Name
Jenkins
St Suffix
Rd
State/Province
TN
Zip Code
37918
PIN #
069BC005

Contract Info

Listing Price
1260000

General Property Description

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

Status Change Info

Status Change Date
2012-06-29
Under Contract Date
2012-05-07
Sold Date
2012-06-29

IncomeExpenses

Net Operating Income
141027

Roof

Roof Info
1 New, 2 Recent

More Information

Location, Tax & Legal Info

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

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
Yes

Construction

Frame - Brick
Yes

Type of Units

2 Bedroom Unit
Yes
Garden
Yes
Unfurnished
Yes

Siding

Brick
Yes

Sale Includes

Building and Land
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Hardwood
Yes
Tile
Yes

Garage/Parking

On Premise Parking
Yes

Tenant Expenses

Cooling
Yes
Electricity
Yes
Heating
Yes

Owner Expenses

Common Area Maintenance
Yes
Lawn Maintenance
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Fuel

Electric
Yes

Heat

Central
Yes
Forced Air
Yes

Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Other Rooms

Other
Yes

New Financing

Cash
Yes
Conventional
Yes

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
IDX
Office Phone: 865-444-3240
Last Updated: November - 16 - 2019
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.