Maryville, TN 37804
MLS# 1233376
Status: Closed
Property Description
Wales Apartments includes three buildings that total 40 units. There are 19 2 BD / 1.5 BA units, 20 1 BD / 1 BA units, and 1 studio. Significant capex has been completed including 16 units renovated. A buyer can continue renovations and continue increasing rents. Vacancies are due to recent renovations of units. Landlord pays water/sewer and tenants pay electric. There are laundry facilities on site. Seller is currently fixing decking and wrapping up unit renovations, all work is expected to be completed by closing. This property is centrally located in booming Maryville, TN just minutes from Maryville College, Maryville High School, Everett Park, and downtown Maryville. Wales Apartments is part of a 9 property, 116 unit portfolio . All properties can be bought together or separately.
Office Phone: 865-936-9999
Last Updated: October - 17 - 2023
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.