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131 Nevada Ave

LaFollette, TN 37766
  • $1,150,000
  • STATUS: Closed
  • ON SITE: 102 Days
  • ID#: 1213848
Sold - 03/03/2023
$1,150,000
SOLD - 03/03/2023
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,932
    SQFT
  • $89
    $/SQFT
Type:
Multi-Family
Built:
2002
County:
Area:

School Ratings & Info

Description

Nevada Heights is a 17-unit property located in LaFollette, TN that has recently been completely renovated and is well positioned to achieve market rents. The property has been ran as an affordable housing complex, but all rent restrictions will be lifted at the time of closing which will allow a buyer to increase rents to market rates.-Recently Renovated Interiors and Exterior-Ability to Convert Office Into 18th Unit-Rents $300-$400 Below Market

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© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Billy Houston Group | Realty Executives. Information is deemed reliable but is not guaranteed accurate by the MLS or Billy Houston Group | Realty Executives. Data last updated: 2023-03-29T00:08:03.957.
www.billyhoustongroup.com/homes/135465780
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131 Nevada Ave LaFollette, TN 37766

  • Price: $1,300,000
  • Status: Closed
  • On Site: 102 Days
  • Updated: 223 min ago
  • ID#: 1213848
0
Beds
0
Baths
0
½ Baths
N/A
Acres
12,932
SQFT
$89
$/SQFT
2002
Built
County:
Campbell
Area:
Lafollette
Property Description
Nevada Heights is a 17-unit property located in LaFollette, TN that has recently been completely renovated and is well positioned to achieve market rents. The property has been ran as an affordable housing complex, but all rent restrictions will be lifted at the time of closing which will allow a buyer to increase rents to market rates.-Recently Renovated Interiors and Exterior-Ability to Convert Office Into 18th Unit-Rents $300-$400 Below Market
Exterior Features

Construction Frame Driveway Paved Garage Parking On Premise Parking Lot Size 1.75 Acre Siding Vinyl

Interior Features

Appliances RangeRefrigerator Cooling Central Cooling Floors Laminate Fuel Other Fuel Heat Central Other Rooms Mstr Bdrm Main Level

Property Features

Auction YN No City County Code County City Taxes 4577.57 County Taxes 7302.54 Lease Information 1Yr - Mo To Mo Miscellaneous BalconyWasher/Dryer Cnctns Multifamily Sub Type Apartment New Financing CashConventionalNew Loan Property Status N/A Pud YN No Sale Includes Building And Land Total Tax 11880.00 Type Of Units 1 Bedroom Unit2 Bedroom Unit Utilities Mo Avg 0.00

Listing information © 2023 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Svn I Wood Properties: .


© 2023 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Billy Houston Group | Realty Executives. Information is deemed reliable but is not guaranteed accurate by the MLS or Billy Houston Group | Realty Executives. Data last updated: 2023-03-29T00:08:03.957.
 
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Billy Houston Group | Realty Executives
124 N Winston Road, Suite 201
Knoxville TN, 37919