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1923-1925 McCalla Ave 9 Unit Apartment Building $1,195,000 ($132,778/Unit) Knoxville, TN 37915

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Investment Highlights

9 Units Total
Recent Renovations

100% Occupancy
Located 5 minutes from Downtown Knoxville

Executive Summary

PWA Properties is pleased to present 1923 & 1925 McCalla Avenue in Knoxville, TN. This 9-unit property consists of (5) 1 bedroom / 1 bathroom, (1) 2 bedroom / 1 bathroom, (1) 2 bedroom / 2 bathroom, (1) 3 bedroom / 1 bathroom, and (1) 4 bedroom / 2 bathroom units. There have been numerous updates and renovations completed and the property is running at 100% occupancy. Tenants pay all utilities. The property is is located less than one mile to Knoxville's Old City and the new Covenant Health Park, which is home to the Knoxville Smokies. Additionally, it is just 5 minutes from Downtown Knoxville and the University of Tennessee.

Property Facts

Price	$1,195,000	Building Class	C
Price Per Unit	$132,778	Lot Size	0.33 AC
Sale Type	Investment	Building Size	3,501 SF
No. Units	9	Average Occupancy	100%
Property Type	Multifamily	No. Stories	2
Property Subtype	Apartment	Year Built	1930
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RN-5

Price	$1,195,000
Price Per Unit	$132,778
Sale Type	Investment
No. Units	9
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.33 AC
Building Size	3,501 SF
Average Occupancy	100%
No. Stories	2
Year Built	1930
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RN-5