Full Brick Quadplex Apartment Building, Knoxville, TN.
ONLINE ONLY
AUCTION
Begins to End Thurs., June 9 @ 6 PM
Full Brick Quadplex
5639 Lon Roberts Dr., Knoxville, TN 37918
**Contact Auction Company for Inspection**
This 3504 sq. ft. full brick, two story apartment building is being totally remodeled and will be completed by the first of June. The complex has a new roof, new kitchen cabinets/countertops, vanities, light fixtures, windows, doors, floor covering, paint and appliances. Each apartment has 2 BR, 1 BA, LR, kitchen/dining combo w/stove & refrigerator, and CH&A. All units are individually metered w/electric, sewer, and water. There is an attached 16’ x 15’ laundry building at rear of the building that could be a great source of extra income. It would need washers and dryers installed. Formerly known as Rose Manor Apartments, this property has a very convenient location, 5 minutes from Central High School, shopping, dining, and I-640. Great opportunity to buy a ready-to-go, income producing property that you, the buyer, can set the current market rental rates on.
2021 Property Taxes: $2,501.25 Tax Map: 048M Group: J Parcel: 043.00
Warranty Deed Book: 20211102 Page: 0036520
TERMS: 10% down within 24 hours of auction completion, balance due upon closing within 30 days. 10% Buyer’s Premium.
Auctioneer: Paul Provins TN LIC#: 4528