1903 Piney Grove Church Rd Knoxville, TN 37909

PRICED AT $675,000

Listing Details

$675,000
MLS# 1341968
Type Multi Unit - Multiple
Status Active

5,200 Square Feet
1 Acre Lot Size
1986 Year Built

Description

Present 1903 Piney Grove Church Road, an 8-unit affordable housing community located in Knoxville, TN. The property consists of 8 studio-style units and offers investors stable, contract-backed income with a Housing Assistance Payments (HAP) contract in place. The property is managed by a professional third-party management company, with management structured in accordance with HAP regulations. With increasing housing demand, limited affordable inventory, and continued regional investment, the Knoxville market remains well-positioned for long-term multifamily performance and rent growth.

Features

Central Cooling
Hardwood
Central, Natural Gas
Built in 1986

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