Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1988
Building Area
Land Area ()
Number of units 80

Property Description

Jones Lang LaSalle, as sole and exclusive agent, is pleased to offer the 80-unit Williamsburg Villas located in Knoxville, TN. The offering presents investors with an attractive opportunity to acquire and reposition a vacant seniors housing asset or convert to a myriad of uses.

Property Summary:

Property Name: Williamsburg Villas

Address: 3020 Heatherton Way Knoxville, Tennessee

Year Built: 1988

Gross SF: 73,000 SF

Stories: Single-story

Units: 80 units

Parking: 95

Zoning: O-1 (Office, Medical, and Related Services District

Investment Highlights

  • Value-Add Opportunity
  • Discount to Replacement Value
  • Exceptional Population Growth
  • Median household value within a three-mile radius is 19% greater that the MSA average.
  • Total population within a three-mile radius is expected to outpace the national growth rate by 22% annually through 2025.


Last Updated Date: 24 Mar 2021
Zachary Rigby
Zach Rigby
Director, Capital Markets
Jason Skalko
Jason Skalko
Director, Capital Markets

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Last Updated Date: 24 Mar 2021

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