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Posted about 5 years ago

*Apartment Investment Opportunity*

Our newest apartment investment offering is here! 34 Units just outside of Knoxville, TN. 3 garden-style apartment buildings built in 1981 and a 4th built in 1996. The units are well equipped with 2 bedrooms and 2 or 2.5 baths, laundry hookups, and air conditioning. The property features an on-site pool for residents and room to expand amenities. This property has a long history of being 95% plus occupied with no marketing. There is a lack of good quality housing in this area and rents are considerably under market, providing an opportunity to increase NOI. Major capital items (roofs, parking lots, etc.) are in very good condition and light renovations create an opportunity to add value and push rents higher. We have excellent loan terms with seller financing including 8 year fixed rate and 12 months interest only. We are targeting 13-15% returns for investors.$50K minimum investment.

Message for more details or if you want to see future opportunities as well.

506c - Offering (Accredited Investors)

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