1513 Highland Avenue, Knoxville, TN 37916

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Building Details:

1513 Highland Avenue is amulti-family property for lease in Knoxville, TN.

Goldman Partners Realty is the exclusive listing agent for the Orange House Properties student housing portfolio. The portfolio 81 beds of walk-to-campus housing, all located in the Fort Sanders neighborhood.

This portfolio consists of 10 converted houses, a six-unit conventional apartment building and a parking lot. Most properties feature off-street parking.

The Orange House Properties Portfolio offering provides investors with a rare opportunity to invest in high-demand units which have a history of 100% occupancy. All leases are full-year, with joint and several tenant liability, some feature parental guarantees. Most tenants’ rental payments are made with direct deposit from either a credit card or bank account. Orange House Properties offer a lower cost, convenient alternative to higher priced properties in the same neighborhood.

These apartments are easy to lease and own. Each property is in very good condition with no significant deferred maintenance. The sellers have made significant investments in renovations. All houses have new vinyl windows and siding. Most properties feature large rooms with wood flooring, modernized kitchens with ranges, refrigerators and microwaves, with renovated baths. Many units are furnished with washers and dryers (provided by the landlord). Roofs were replaced from 2011-2012. All units have heating and air-conditioning with a combination of central, window. and PTAC-type units.

Third party management is available for those who desire a more passive investment.

Photos & descriptions are in the linked PDF. For financial information, investors and agents must submit a signed confidentiality agreement.

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