Views at West Town

Views at West Town

Knoxville, TN
Available
  • Property Type: Apartments
  • Year Built : 1981
  • Property Size: 201,393 SF / 194 Units

Overview

Capstone Apartment Partners is pleased to present Views at West Town: a 194-unit apartment community in Knoxville, Tennessee. Views at West Town is conveniently located in the burgeoning West Knoxville submarket directly off I-40 and minutes from the premier retail and office hubs of Knoxville. Current ownership has renovated 39% of units but, given the remaining delta in rents and scope of market competitors, the 1981-built asset is poised for an “above-and-beyond” renovation program that will translate to nearly $381,000 of additional annual income. With the strong market fundamentals, coupled with immediate accessibility to retail and entertainment, new ownership is provided the opportunity to immediately focus on generating this additional value with a tenant demand capable of paying for and desiring these post-renovated units. 

Investment Highlights

Proven Value-Add Program with Significant Upside Remaining

Proximate to West Knoxville’s Premier Retail & Employment Hubs

Situated in Knoxville’s Strongest Submarket for Multi-Family

Contact Information

Tyler Mayo Investment Sales Advisor P: 662.386.1622
O: 800.746.3175 ext. 729
tyler@capstone-companies.com
Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 706
adam@capstone-companies.com
Luke Searcy Investment Sales Advisor P: 731.592.9573
O: 800.746.3175 ext. 724
luke@capstone-companies.com
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