• Year Built: 1976
301 Dahlia Dr is amulti-family property for lease in Knoxville, TN.
Madison Square and Fairhill Apartments located across the street from each other and are being sold as a package by the same owner. Between them there are 28 units, all 1-BR. All brick buildings with gable roofs, in a quiet, suburban setting with mature trees. Units are all-electric and residents pay their own electricity. Roofs were replaced in 2013.
Madison Square Apartments are at 206 Dahlia Dr. and has two buildings with 18 units total and a shed on 1.03 acres. Built in 1978, all units were originally ceil-heat. Some are now heated by baseboard, wall strip, or wall unit. Each unit has either a patio or balcony. It may be possible to build more units on unused land.
Fairhill Apartments are at 301 Dahlia Dr. and has two buildings with 10 units total on 0.48 acres and built in 1976.
The apartments are in the desirable Fountain City community of Knoxville and minutes from a recently built Kroger grocery store and many other retailers and restaurants.
The property is walking distance to both Gresham Middle School and Fountain City Elementary. It is only 0.4 miles from the KAT bus route on Broadway.
[Same seller is also selling 2 other properties within 2 miles for a total of 95 units which can be packaged together]
Showing by appointment only. Please do not disturb the tenants.
From I-640, take Exit 6 for U.S. 441 toward Broadway, and take Broadway north toward Fountain City. Turn left onto Church St after approximately 1.3 miles. Then turn right onto Fountain Rd, then take a slight left onto Dahlia Dr. Destination will be on the right.