City View Apartments Development Site

City View Apartments Development Site

Lenoir city, TN
  • Property Type: Development/Land
  • Property Size: / 16.26 Acres


Capstone is pleased to present the City View Apartments Development Site, a ±16.26-acre multi-family zoned site in the Loudon County submarket of Knoxville, Tennessee. The development site is well-positioned to serve Class A tenants or an affordable development such as LIHTC. Located just off Highway 321 (20,950 VPD), future residents will benefit from enhanced connectivity to downtown Lenoir City, into Maryville, and throughout the Knoxville MSA. The project has undergone due diligence including boundary and topographic survey, geotechnical exploration and service availability, and will serve letters for water, wastewater, and natural gas from the Lenoir City utilities board. The City View Apartments Development Site is an excellent opportunity for developers to meet the growing demand for rental properties in the area, while capturing market share in the rapidly-growing Knoxville MSA. The site also falls within a Qualified Census Tract (LIHTC), providing new ownership a variety of development options and tax incentives.

Investment Highlights

  • Ideal LIHTC Tax Credit Development Opportunity
  • Prime Location for Class A Luxury
  • Multi-Family Zoned Site with Multiple Development Options
  • Ideally Located with Tremendous Visibility and Access

Contact Information

Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 7006
Austin Heithcock Senior Advisor P: 615.477.1971
O: 800.746.3175 ext. 7021
Jordan Arand Investment Sales Advisor P: 815.291.9250
O: 800.746.3175 ext. 7047
Joshua White Investment Sales Advisor P: 334.703.2492
O: 800.746.3175 ext. 7022