New Offering: 180-Unit Value-Add Opportunity in West Knoxville, TN

Click Here to View Offering Materials: Bouldercrest Apartments

Capstone Apartment Partners is pleased to present Bouldercrest Apartments: a 180-unit, 1986 vintage apartment complex in fast-growing Knoxville, Tennessee. The asset is located along Interstate 640, which provides residents with convenient access to nearby employment and retail centers, as well as exposure to 82,000 vehicles a day. Current ownership has recently spent $275,000 addressing many of the property’s deferred maintenance items, thereby allowing interested parties to focus capital on unit interiors and amenity remodeling. Upgrading Bouldercrest’s amenities and unit interiors will create a rent delta of nearly $200 per unit between immediate competitors in the market.