205 Eveningside Drive, 10, Soddy Daisy, TN 37379 (MLS# 1302585)

205 Eveningside Drive, 10, Soddy Daisy, TN 37379

$1,550,000
Property Type: Residential Income Square Footage: 38,008 Lot Size (sq. ft.): 383,328 Status: Closed
Current Price: $1,550,000 List Date: 7/02/2019 Last Modified: 9/09/2024

Overview

Description

This apartment complex was originally built to house subsidized tenants. There are 48 units (16 with 1/1 and 32 with 2/1) Total sq ft. is 40,000. They were recently released from this program with USDA and are available to a buyer to use at their discretion. They are located approx. 3.5 miles to a major dept store, mall and restaurants. Current rents are at subsidized rates but buyer has ability to restructure rental program and have no requirement to leave as is and can raise rates to any and all tenants within buyer plan.

Listing Details MLS# 1302585

General Property Information

Number Of Units Total
48
Living Area
38008
Year Built
1986
New Construction YN
No
Home Warranty YN
No
Garage YN
No
Attached Garage YN
No
Carport YN
No
Lot Size Acres
8.8
Lot Size Square Feet
383328
Lot Size Dimensions
8.80 acres
Association YN
No
View YN
No
Waterfront YN
No
Basement YN
Yes
Fireplace YN
No
List Price/SqFt
40.78
Sold Price/SqFt
40.78

Property Features

Basement: Crawl Space Construction Materials: Brick; Other Cooling: Central Air; Electric Current Financing: None Fencing: Fenced Heating: Central; Electric Interior Features: Eat-in Kitchen; Open Floorplan Laundry Features: Common Area Levels: Two Listing Terms: Cash; Conventional Lot Features: Level; Wooded Parking Features: Off Street Possession: Close Of Escrow Roof: Shingle Special Listing Conditions: Investor Tenant Pays: All Utilities Utilities: Sewer Connected Lock Box Type: None

Contract Information

Auction YN
No
Listing Contract Date
2019-07-02
Property Sub Type
Apartment

Location Tax and Legal

Street Number
205
Street Name
Eveningside
Street Suffix
Drive
Unit Number
10
County
Hamilton
State
TN
Postal Code
37379
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
This apartment complex was originally built to house subsidized tenants. There are 48 units (16 with 1/1 and 32 with 2/1) Total sq ft. is 40,000. They were recently released from this program with USDA and are available to a buyer to use at their discretion. They are located approx. 3.5 miles to a major dept store, mall and restaurants. Current rents are at subsidized rates but buyer has ability to restructure rental program and have no requirement to leave as is and can raise rates to any and all tenants within buyer plan.
Directions
153 North to Soddy Daisy right on Evenside Dr.

Status Change Information

Major Change Timestamp
2019-08-27T18:19:09Z
Major Change Type
Status Change
Status Change Timestamp
2019-08-27
Under Contract Date
2019-07-03
Close Date
2019-08-27
Close Price
1550000

More Information

Unit 1

Unit Number
48
Total Full Baths
48
Kitchen
Yes
Refrigerator
Yes
Stove
Yes

License Number Info

Listing Agent’s State of Licensure
TN
Listing Agent’s License Number
285048
Listing Office’s State of Licensure
TN
Listing Office’s License Number
261885

Historical Information

Public Historical Remarks 1
Owner Pays: None. Unit 1 Features: 1 Bath.

Location, Tax, and Legal

Parcel Number
065n F 013
Office Exclusive
No
Elementary School
Soddy Elementary
Middle Or Junior School
Soddy-Daisy Middle
High School
Soddy-Daisy High
Tax Annual Amount
32170.46
Tax Legal Description
EVENINGSIDE DR (BROOKSIDE 48 UNITS)
Deed Book
3135
Deed Page
553

Basement

Crawl Space
Yes

Construction Materials

Brick
Yes
Other
Yes

Fencing

Fenced
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Level
Yes
Wooded
Yes

Possession

Close Of Escrow
Yes

Special Listing Conditions

Investor
Yes

Utilities

Sewer Connected
Yes

Cooling

Central Air
Yes
Electric
Yes

Parking Features

Off Street
Yes

Tenant Pays

All Utilities
Yes

Current Financing

None
Yes

Levels

Two
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Eat-in Kitchen
Yes
Open Floorplan
Yes

Laundry Features

Common Area
Yes

Roof

Shingle
Yes

Lock Box Type

None
Yes
Listing Office: RE/MAX Properties
Last Updated: September - 09 - 2024
Information deemed reliable but not guaranteed.