Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Eastbrook Apartments, located in Strawberry Plains, a neighborhood of Knoxville in Knox County, Tennessee. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in the Knoxville, TN MSA. Eastbrook Apartments is a 14-unit community in Strawberry Plains, TN, just 16 minutes from both Downtown Knoxville and Sevierville via I-40. Featuring one-bedroom layouts with select upgrades, individually metered electricity, and low-maintenance construction, the property offers efficient operations. Surrounded by new residential and commercial development, Eastbrook is well-positioned to capture growing rental demand and long-term value appreciation. 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. At no point should tenants or staff be contacted regarding the sale of the Eastbrook Apartments.