Overview
- 186 Rooms
- Category
- Apartments, Hotels, Student Housing, Studio Zoned Apartments
Description
📍 1500 N Cherry St, Knoxville, TN 37917
🛏 186 Units | Exterior Corridors | Zoned for Apartments
1. Large-Scale Conversion with Zoning in Place
Inn of Knoxville presents a 186-unit exterior corridor repositioning opportunity fully zoned for apartment use. With renovations permitted, investors can execute directly without entitlement uncertainty.
2. Flexible Operational Strategy
Offered as-is or fully renovated, kitchenettes will be added upon completion. The layout supports studio apartment conversion or extended stay stabilization depending on capital strategy.
3. Strategic Knoxville Location
Located near the University of Tennessee with direct access to I-40 and I-275, the property benefits from institutional demand drivers and regional accessibility within the Knoxville MSA.
4. Scale + Market = Defined Upside
With 186 units in an urban corridor submarket, this asset provides defined scale and repositioning clarity within a growing Tennessee market.
