Investment Overview
PWA Properties is pleased to present Gate Manor Apartments, a 14-unit multifamily property located at 706 E Inskip Drive in Knoxville, Tennessee. The all-brick property consists entirely of 1 bed / 1 bath units, with 8 of the 14 units having been renovated, providing an opportunity for an investor to continue renovations and increase rental income.The landlord currently pays water and sewer, with tenants billed back $65 per month, while tenants are responsible for their own electric. The property is located in North Knoxville with convenient access to I-75 and only 10 minutes to downtown Knoxville.
Investment Highlights
- 14 Units - All 1 Bed / 1 Bath
- All Brick Building
- 8 Units Renovated
- Located in North Knoxville, Just 10 Minutes to Downtown