Description
Laurel Valley Apartments, located at 7950 W Andrew Johnson Hwy, Mosheim, TN 37814, offers 27 units with a mix of (8) 1 bedroom / 1 bathroom units and (19) 2 bedroom / 1 bathroom units. This property is a tremendous value add opportunity located 11 minutes from Greenville, TN, 30 minutes from Morristown, TN, and 1 hour from downtown Knoxville, TN.This property is well positioned for future ownership to implement a value-add strategy across units and bring the rents to market rate. Based upon comparable properties throughout the market, investors can underwrite to an average of $220/month+ moving rents to what is market for the area and further with future renovations.
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01/2 BATHS
School Ratings & Info
Description
Laurel Valley Apartments, located at 7950 W Andrew Johnson Hwy, Mosheim, TN 37814, offers 27 units with a mix of (8) 1 bedroom / 1 bathroom units and (19) 2 bedroom / 1 bathroom units. This property is a tremendous value add opportunity located 11 minutes from Greenville, TN, 30 minutes from Morristown, TN, and 1 hour from downtown Knoxville, TN.This property is well positioned for future ownership to implement a value-add strategy across units and bring the rents to market rate. Based upon comparable properties throughout the market, investors can underwrite to an average of $220/month+ moving rents to what is market for the area and further with future renovations.
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