Multifamily
Oak Tree Apartments
703 Blue Sky Dr, Maryville, TN 37801
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale this property in Maryville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5)qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents.
AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF OAK TREE APARTMENTS.
Exclusively Listed By
Financing By
Investment Highlights
- Asset located in highly desirable Maryville, TN
- Rents approximately $330 below market
- Current ownership has invested $1,100,000 in capital improvements in the past 3 years
- 66 HVACs are under four years old and three roofs were replaced in 2023
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale this property in Maryville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5)qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF OAK TREE APARTMENTS.
Exclusively Listed By
Financing By
