701 E. Hill

KNOXVILLE, TN | 194 Unit Multifamily Opportunity Zone Development

New York city skyline panorama at night. Aerial panoramic view of Manhattan illuminated skyscrapers after the sunset

Key Investment Highlights

  • 194-unit Class A multifamily development in the heart of Downtown Knoxville​.
  • Key Urban Location – Ideally situated near three highly trafficked interstates (I-40, I-75, and I-81) and adjacent to the Tennessee River​.
  • Close Proximity to University of Tennessee – Only 1.2 miles from campus in the heart of Knoxville, offering a short, walkable commute to house off-campus students.
  • PILOT (Payment-in-Lieu-of-Taxes) Program Potential – Under this program, the current property taxes are frozen for a number of years to incentivize development projects in the area.​
  • Shovel Ready Site With Zoning in Place – Current zoning allows for multi-family dwellings and mixed-used developments with dwellings above the ground floor.​

Located in
Knoxville, TN

701 E. Hill,
Knoxville, TN 37915
United States

Invest With Larson Today.

Disclaimer: The information contained herein is for informational purposes only and does not constitute an offer or sale or any form of general solicitation or general advertising of interests in any fund or investment vehicle. Any such offer will only be made in compliance with applicable state and federal securities laws pursuant to offering documents which will be provided to qualified prospective investors upon request. Prospective investors should review the offering documents carefully, which includes important disclosures and risk factors.

Risks and Limitations: the risks associated with making investment decisions based on targeted metrics is that they are targets. Commercial real estate investing is risky, and that means that the investment will not always play out according to expectations. Targeted returns involved multiple degrees of uncertainty and risk related but not limited to rental rates, lease expiration dates, occupancy rates, length of the investment period, exit cap rates, and interest rates. – Criteria and Assumptions- how a sponsor approaches the underwriting process (conservative, moderate, aggressive) may change the assumptions of the model which include targeted: cash yield, equity multiple, IRR, investment period and distribution rates

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