For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated 24-Unit Apartment Complex Title is generated by Realmo AI

    281 John McGhee Blvd, Caryville, TN 37714

    View on Map
    Claim this Listing
    For Sale
    $2,199,000

    Fully renovated 24-unit multifamily property with a diversified unit mix and separately metered utilities.

    Type:Multi Family
    Added:
    Apr 11, 2026
    Days on Market:
    78
    Last Refresh:
    Jun 27 at 4:56 am

    Property Features for 281 John McGhee Blvd

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1978

    We can help!

    Contact an agent
    Raj Cheema

    Listing office Southland Brokers

    Listing date Apr 11, 2026

    Source Thecochranteam

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Southland Brokers

    HighLights

    • Fully renovated 24‑unit apartment complex (built 1978) with major capital improvements completed
    • Diversified unit mix: 9 studios, 11 one‑bedrooms, 3 two‑bedrooms, and 1 four‑bedroom unit
    • Upgrades include new flooring, roof, PTAC units, appliances, cabinets, and electrical panels/meters
    • Updated plumbing with individual plumbing meters, plus separately metered utilities paid directly by tenants
    • Convenient access to I‑75 with a short drive to Knoxville

    Overview

    This is a 24-unit apartment complex with a unit mix of nine studio units, 11 one-bedroom units, three two-bedroom units, and one four-bedroom unit. The property has been fully renovated with major capital improvements already completed, including new flooring, roof, PTAC units, appliances, cabinets, and electrical panels and meters. Plumbing has also been updated, and each unit has individual plumbing meters. Utilities are separately metered and paid directly by tenants, supporting a low-maintenance operating model.

    The property is positioned right off an interstate exit in Caryville and is described as having strong visibility and convenient access. The public remarks also note easy access to I-75 and a short drive to Knoxville, which can be important for tenant convenience and for marketing the asset to a broader regional renter base.

    With a renovated interior and a broad range of studio through four-bedroom layouts, this complex can fit well for operators looking for a stabilized housing offering within the Caryville/I-75 area. The separately metered utilities and completed capital improvements provide a practical foundation for day-to-day management, while the unit mix supports flexibility in tenant household sizes.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Auto Repair Shop Auto Parts Store Hotel & Motel Department Store Storage Facility Electrical Service Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Caryville
    County
    Campbell
    State
    Tennessee
    Longitude
    -84.213471
    Latitude
    36.293815

    FAQs

    What type of property is this?
    Apartment building - Fully renovated 24-unit multifamily property with a diversified unit mix and separately metered utilities.
    Where is this apartment building located?
    The property is located at 281 John McGhee Blvd Caryville, TN.
    What is the asking price?
    The asking price for this property is $2,199,000.
    What are key features of this property?
    This property features: Fully renovated 24‑unit apartment complex (built 1978) with major capital improvements completed; Diversified unit mix: 9 studios, 11 one‑bedrooms, 3 two‑bedrooms, and 1 four‑bedroom unit; Upgrades include new flooring, roof, PTAC units, appliances, cabinets, and electrical panels/meters
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message