Knoxwood Gardens

  • Price: $Market Bid
  • Address:

    2627 Wimploe Ave
    Knoxville, Tennessee 37914

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UNITS: 97  |  Year Built: 1969/2020  |  SQFT: 78,764


Marcus and Millichap is pleased to present the Gardens at Knoxwood, a 97-unit apartment complex nestled behind Knoxville’s 47-acre Botanical Garden. This investment provides an investor with an opportunity for strong returns in a city recognized for its rapid growth.

Stabilized Asset | Recession-Resistant Opportunity
This asset has been stabilized allowing for a predictable outcome and demand. Furthermore, renters in workforce housing tend to be long-term tenants that live by necessity, making this an attractive asset to investors due to its resilience during economic down-turns.

Buy and Hold
Favorable debt markets provide strong cash-on-cash return opportunity for a great buy and hold play in a desirable submarket.

Access to Top Notch Employment
Home to cable TV’s HGTV and corporate headquarters of Bush Brothers and Co., Petro’s Chili & Chips and Pilot Corporation make Knoxville an attractive business environment in a region with a low cost of doing business.

Listing Details

Price:$Market Bid
Address:2627 Wimploe Ave
Zip Code:37914
Year Built:1969/2020
Property Type:Multifamily

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