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Imagine buying a small apartment complex 20 minutes from Knoxville where it will immediately bring in money from 4 of the 5 units.That's what we are offering in Strawberry Plains!!! Ready to buy your first apartment complex? Then we have a great deal for you! Boone Street, LLC is for SALE! We're selling the whole business with the real estate attached. What does that mean exactly? We're selling 9 years of tax returns, services, leases, bank records, and the PROPERTY! This is a great strategy for new investors looking for an established business. You can jump-start your portfolio by taking on our experiences over the last 9 years of owning and operating this complex. And wait- there's more! We are willing to OWNER FINANCE to a qualified Buyer. 25% down, 30-year amortization with a 5 year balloon depending on credit score and past real estate experience. 9% interest for qualifying Buyers. OR MAKE US A BETTER OFFER! Feel free to drive by Boone Street Apartments in Strawberry Plains. Please do not disturb the tenants. Rent rolls, pro forma numbers, leases, maintenance records, taxes, EVERYTHING can and will be provided after LOI or Purchase and Sale Agreement. 4,582 sq ft of the BUILDING taken from the tax records. 20,623 sq ft of PROPERTY taken from the tax records. Buyer to verify square footage.Water is paid for by the owner. Other utilities in tenants' name(s). Send us your offers ASAP! 305 Boone Street Strawberry Plains TN 5 units: 4 occupied
| TRACT | None | YEAR BUILT | 1971 |
|---|---|---|---|
| COMMUNITY | Knoxville | COUNTY | Knox |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to May 6, '24 | $975,000 |
|---|---|
| May 6, '24 - May 13, '24 | $925,000 |
| May 13, '24 - Today | $850,000 |
| ADDITIONAL DETAILS | |
| AREA | Knoxville |
|---|---|
| CONSTRUCTION | Brick |
| LOT | 0.47 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | None |
| TAXES | 1226.4 |
| WATER | Public |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with 865 Investors, LLC
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2024. All rights reserved.
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