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345 McVey Rd
Tazewell, TN 37879
Eastridge Apartments
· Multifamily Property For Sale
·
56 Units
Property Facts
| No. Units | 56 | Lot Size | 7.00 AC |
| Property Type | Multifamily | Building Size | 51,580 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1983 |
| Building Class | C | Parking Ratio | 2.17/1,000 SF |
| Zoning | C-1 - Neighborhood Commercial District | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.00 AC |
| Building Size | 51,580 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 2.17/1,000 SF |
| Zoning | C-1 - Neighborhood Commercial District |
About 345 MCVEY RD , TAZEWELL, TN 37879
East Ridge Apartments offers a stabilized income-generating property with renovation upside in a good rural market. The local area features a successful community college and many long-tenured industrial employers. Built in 1983, the complex features 4 apartment buildings and an office/coin laundry building across 7 acres. There are 56 units in the complex, 44 two-bedroom and 12 one-bedroom (all in Building 4). All 4 buildings are a mix of market-rate, HUD (Project-Based Section 8)-supported, RDA (Rural Development Authority)-supported, and ETHRA (East Tennessee Human Resource Agency)-supported units. East Ridge is conveniently located on beautiful, rolling farmland one mile east of downtown Tazewell, the county seat of Claiborne County, Tennessee. Nearby employers within Claiborne County include: DeRoyal Industries (surgical appliances), Vulcan Materials, Sumiriko (automotive parts), and many others.
Property Taxes
| Parcel Number | 083-012.02 | Improvements Assessment | $461,280 |
| Land Assessment | $20,560 | Total Assessment | $481,840 |
Property Taxes
