332 Forestal Dr, Knoxville, TN 37918

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Steve G.

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Building Details:

• Year Built: 1980

332 Forestal Dr is amulti-family property for lease in Knoxville, TN.

Multifamily Investment Opportunity. 20-Unit, All Brick complex. 9.7% Cap Rate, 5.89 GRM. Tenants pay own electric.

Excellent location in Fountain City community. Quiet neighborhood next to Heritage Assisted Living. 0.7 mile to I-640 & Broadway St, interchange, 1 block to bus line, National Fitness Center and Pratt’s Country Store, , ˝ mile to Food City, 1 mile to new Kroger,

All 1-BR units. Each with Central HVAC, Dishwasher, Double Sinks. Thermopane windows. Plenty of parking. Built in 1980, Well-maintained. $50,000 of renovations made since Aug. 2007.

No sign on Property. Please don't disturb the tenants. All showings are by appointment with the listing agent and typically require 24 hour tenant notice. All measurements and square footage are approximate and buyers are responsible for confirming all information important to them.

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