29-Unit Apartment
For Sale
Contact for pricing
514 S Liberty Hill Rd, Morristown, TN 37813
Seven-building residential community with a central gathering facility and recently replaced water heaters and toilets.
Property SizeContact for details
Days on Market144
Property Features for 514 S Liberty Hill Rd
General Information
Standard status
Active
Property subtype
Multifamily, Senior Living
Additional Details
Multifamily Units
29
Amenities
community center
Building Details
Buildings
7
Listing Agency:
SVN | Wood Properties
(865) 936-9999
Listed By:
Jon Roosen · License #TN 366234
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 5:48PM
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 SVN | Wood Properties
Investment Insights
Based on property information with market context.
This Morristown apartment property includes 29 units across 7 buildings, together with a community center. Nine units have been completely renovated, while all 29 water heaters and toilets were replaced this year. The existing improvements provide a mix of updated and classic units within the same residential community.
The property is located at 514 S Liberty Hill Rd in Morristown, Tennessee, just minutes from downtown. It historically operated as housing for residents aged 55 and older, although the property is not required to continue under that model with a change in ownership.
The property is located at 514 S Liberty Hill Rd in Morristown, Tennessee, just minutes from downtown. It historically operated as housing for residents aged 55 and older, although the property is not required to continue under that model with a change in ownership.
Key Highlights
- 29 units distributed across 7 buildings
- Community center included on the property
- 9 of 29 units have been completely renovated
Property Analytics
Property Profile
Current Use
Lease Details
29
Residential units
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 37813, TN
18,030
Population
7,492
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
84%
High-School Grad
58.0 sq mi
ZIP Area
311
Density / Sq Mi
$47,783
Median Household Income
$34,827
Median Earnings
$813
Median Rent
$158,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-building residential community with a central gathering facility and recently replaced water heaters and toilets.
Where is this apartment building located?
The property is located at 514 S Liberty Hill Rd Morristown, TN.
What are key features of this property?
This property features: 29 units distributed across 7 buildings; Community center included on the property; 9 of 29 units have been completely renovated
