Classic Apartments in a Desirable Holston Hills Location
Tuesday, January 13th, 2015
By: Steve Goldman, CCIM
Holston Place Apartments is an attractive, 23-unit, all-brick apartment building in the desirable Holston Hills area. The property is easy to keep rented due to its very visible location at the corner of Asheville Highway and Chilhowee Dr.
- Price: $599,000
- 8.84% Cap Rate | 12.51% Cash-on-Cash
- All Brick Construction
- New Gutters & Roofs in 2012
- Close to I-40
The property is well-located for singles or families with children. For kids, it is directly across the street from Chilhowee Intermediate School and less than a mile from Holston Middle School.