6262 Clinton Hwy, Knoxville, TN 37912

$4,500,000
Property Type: Multi-Family Square Footage: 9,730 Lot Size (sq. ft.): 66,647 Status: Closed
Current Price: $4,500,000 List Date: 6/13/2024 Last Modified: 12/20/2024

Description

Introducing The Norwood, a brand new construction apartment complex in Knoxville, TN. This offering includes 24 fully furnished studio apartments, all of which are 300 SF. The property is currently operated as both traditional apartments with 12-month leases and short term rental units that are listed on Airbnb. There are laundry facilities located on site. There is also the ability to construct 24 additional units on the property.

More Information MLS# 1266173

Location, Tax & Legal Info

Area: Knox County - 1 City/County Code: City Limits Total Tax: 3915.85

Contract Info

Auction Y/N: No Listing Price: 4800000 Current Price: $4,500,000 Status: Closed Listing Date: 2024-06-13

General Property Description

Lot Dimensions: 475.05 X 475.53 X IRR Lot Size SqFt: 66647 Utilities/Mo Avg: 937.5 Property Status: N/A Driveway: Pavement SqFt - Total (Aprox): 9730 Number of Units: 24 Year Built: 2023

Remarks & Misc

Directions: Clinton Highway North from downtown about 2 miles. The Norwood is on the right. Public Remarks: Introducing The Norwood, a brand new construction apartment complex in Knoxville, TN. This offering includes 24 fully furnished studio apartments, all of which are 300 SF. The property is currently operated as both traditional apartments with 12-month leases and short term rental units that are listed on Airbnb. There are laundry facilities located on site. There is also the ability to construct 24 additional units on the property.

Property Sub-Type

Apartment: 1

Construction

Block: 1 Frame: 1

Type of Units

Efficiency Unit: 1

Siding

Fiber Cement: 1

Sale Includes

All Furnishings: 1 Building and Land: 1

Miscellaneous

Coin Laundry: 1

Cooling

Central Cooling: 1

Floors

Vinyl: 1

Garage/Parking

Off-Street Parking: 1

Fuel

Electric: 1

Heat

Central: 1

Appliances

Microwave: 1 Range: 1 Refrigerator: 1 Self Cleaning Oven: 1

Other Rooms

Other: 1

Roof

Other: 1

Exterior Features

Balcony: 1 Prof Landscaped: 1

Misc Features

Internet Available: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1

Location Tax Legal Info

House #: 6262 Street Name: Clinton St Suffix: Hwy State/Province: TN Zip Code: 37912 PIN #: 068IC017 Subdivision: The Norwood Geo Lat: 36.009575 Geo Lon: -84.002897

Status Change Info

Status Change Date: 2024-12-20 Under Contract Date: 2024-09-04 Sold Date: 2024-12-20 Sold Price: $4,500,000

Property Features

Property Sub-Type: Apartment Type of Units: Efficiency Unit Sale Includes: All Furnishings; Building and Land Floors: Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Microwave; Range; Refrigerator; Self Cleaning Oven Construction: Block; Frame Roof: Other Siding: Fiber Cement Exterior Features: Balcony; Prof Landscaped Misc Features: Internet Available Other Rooms: Other Miscellaneous: Coin Laundry New Financing: Cash; Conventional; New Loan
Listing Office: SVN I Wood Properties
Office Phone: 865-936-9999
Last Updated: December - 20 - 2024
6262 Clinton Hwy, Knoxville, TN 37912- MLS# 1266173
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.