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|Number of units||80|
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 Name: Williamsburg Villas
Address: 3020 Heatherton Way Knoxville, Tennessee
Year Built: 1988
Gross SF: 73,000 SF
Units: 80 units
Zoning: O-1 (Office, Medical, and Related Services District
- 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.