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listing
1 of 29
MultifamilyFor Sale
$4,850,000
506 E Ellis St
Jefferson City, TN 37760
Listed by: SVN I Wood Properties, 865-637-7777
MLS: Knoxville MLS
40,852Sq Ft
Est. Mortgage
$25,135/mo

Presenting Maplecrest Square Apartments. These 34 units are 100% occupied and centrally located in Jefferson City, Tennessee. Sixteen units are 2 bed / 1.5 bath and eighteen are 2 bed / 2.5 bath townhouse style units. The property has historically been fully occupied and there is ability to further increase rents. Significant capital expenditures totaling $492,000 have been made with 23 of the 34 units being recently renovated. All roofs were replaced in 2018 and 2021. The townhomes are individually metered for electric and water / sewer with tenants paying all utilities. The flat style units are individually metered for electric with water / sewer on one meter. The water / sewer bills for the flat style units are billed back to the tenants. There are washer / dryer hookups in each unit. Additionally, there is a bark park and picnic area on site.

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Information courtesy of SVN I Wood Properties is subject to verification and is not guaranteed.
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