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
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.
More Information MLS# 1302585
Contract Information
Auction YN: No
Current Price: $1,550,000
Sold Price: $1,550,000
Status: Closed
Listing Contract Date: 2019-07-02
Property Sub Type: Apartment
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
General Property Information
Number Of Units Total: 48
Living Area: 38008
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
Year Built: 1986
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
Status Change Timestamp: 2019-08-27
Major Change Timestamp: 2019-08-27T18:19:09Z
Major Change Type: Status Change
Under Contract Date: 2019-07-03
Close Date: 2019-08-27
Close Price: 1550000
Basement
Crawl Space: 1
Construction Materials
Brick: 1
Other: 1
Fencing
Fenced: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Level: 1
Wooded: 1
Possession
Close Of Escrow: 1
Special Listing Conditions
Investor: 1
Utilities
Sewer Connected: 1
Cooling
Central Air: 1
Electric: 1
Parking Features
Off Street: 1
Tenant Pays
All Utilities: 1
Current Financing
None: 1
Levels
Two: 1
Heating
Central: 1
Electric: 1
Interior Features
Eat-in Kitchen: 1
Open Floorplan: 1
Laundry Features
Common Area: 1
Roof
Shingle: 1
Unit 1
Unit Number: 48
Bedrooms: 80
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
Lock Box Type
None: 1
Historical Information
Public Historical Remarks 1: Owner Pays: None. Unit 1 Features: 1 Bath.
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
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
Listing Office:
RE/MAX Properties
Last Updated: September - 09 - 2024
Information deemed reliable but not guaranteed.