Hackberry Apartments

For Sale

120 Sugar Fork Rd, Dandridge, TN 37725

This Dandridge property for sale is located at 120 Sugar Fork Rd. The general use of Hackberry Apartments is multi-family and it incorporates 13,569 square feet of class C multi-family space. The current listed sale price for Hackberry Apartments is $2,600,000. Hackberry Apartments is situated on a lot that is 5.56 acre in size.

Contacts

broker
Mary Ellen Kilburn

NAI Koella | RM Moore

Property Details

  • Property Type Multi-Family
  • Property Size 13,569 SF
  • Units 13
  • Lot Size 5.56 Acre
  • Building Class C
  • Year Built 1996
  • Date Updated Mar 7, 2025
Invest in a prime location at the heart of Dandridge, TN, where natural beauty meets historical charm. The area offers a tranquil setting with access to Douglas Lake, perfect for outdoor activities and serene water views. Nearby attractions include the historic downtown area with quaint shops, restaurants, and cultural landmarks. Investors in office buildings will appreciate the area's growing appeal to businesses seeking a scenic, yet convenient location. With easy access to major highways and proximity to Knoxville, the potential for commercial growth is promising. Don't miss the opportunity to be part of this thriving community at the center of it all.Hackberry Apartments is a turnkey 13-unit multifamily property in Dandridge, TN, offering strong cash flow with recently increased rents of $1,200-$1,500 per unit. Situated on 5.6 acres, this investment includes architectural plans for Phase Two expansion, making it an excellent opportunity for developers and investors. With 100% occupancy, modernized interiors, and prime zoning (R-2 High-Density Residential), this property presents immediate upside potential in a growing rental market. Just 3 miles from I-40, Hackberry Apartments provides easy access to Knoxville and surrounding areas, ensuring continued tenant demand and rental growth.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 100% occupancy
  • 13 units
  • 13,569 SF building
  • Ample parking space
  • Attractive investment opportunity
  • Built in 1996
  • Close proximity to local conveniences
  • Located in Dandridge area
  • On-site laundry facilities
  • Professional property management
  • Spacious floor plans
  • Updated amenities
  • Well-maintained grounds
  • Zoned R-2

Getting around

  • 15/100

    Walk Score ®

  • 3/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Dandridge, TN
  • Zip Code 37725

Points of Interest

  • Exxon

    0.45 miles

  • BP

    1.53 miles

  • Gas 'N Go

    1.68 miles

  • Marathon

    2.20 miles

  • Weigel's

    2.25 miles

  • ONE9

    2.78 miles

  • Pilot

    6.66 miles

  • ChargePoint

    9.44 miles

  • Quality Inn

    2.42 miles

  • Holiday Inn Express

    2.44 miles

  • Super 8

    2.47 miles

  • Jefferson Inn

    2.49 miles

  • Hampton Inn

    2.62 miles

  • Red Roof Inn Dandridge

    2.89 miles

  • Econo Lodge White Pine Morristown I-81 & I-40 Split

    6.75 miles

  • Twin Pines Motel

    8.28 miles

  • Family Inn

    8.55 miles

  • Comfort Inn

    9.13 miles

  • Food City

    1.71 miles

  • Big Lots

    8.06 miles

  • Walmart Supercenter

    8.15 miles

  • Meeting Square

    8.16 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Mary Ellen Kilburn

NAI Koella | RM Moore

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.