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Knoxwood Hills Apartments sold

KNOXVILLE - Gideon Gratsiani and CRE-Pro, LLC has acquired the Knoxville Apartments in The property was a foreclosure by Wells Fargo Bank.

Knoxwood Apartments is a 97-unit multifamily property located on Knoxville's east side, just 5 minutes from downtown. Built in 1969 and updated in 2014, it is situated on 7.88 acres of land and is comprised of 83,595 square feet of 2 and 3-bedroom units. The property has an on-site office, two laundry rooms, and a large outdoor play area to serve the residents.

The apartment are located at 2627 Wimpole Avenue, minutes from the Knoxville Botanical Gardens and easily accessible via the N. Cherry Street Exit of Interstate 40.

Gideon Gratsiani and CRE-Pro, LLC is a boutique commercial real estate investment firm specializing in ownership, acquisition, and redevelopment of shopping centers, office buildings, and multi-family residential facilities.

Published April 29, 2019

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