Overlook at Farragut sold to Valor Residential out of New York
BRENTWOOD, Tenn., Aug. 13, 2021 /PRNewswire/ -- Nashville-based TKC (The Kirkland Company) brokered the sale of the Overlook at Farragut apartment complex earlier this week. The sale price of $61,677,000 to New York-based Valor Residential makes the deal the highest price per unit ($231,000) sale in Knoxville to date.
The 267-unit complex features one, two, and three bedroom floorplans in the Amber Meadows neighborhood of Knoxville. Aside from being in the desirable Knox County school district and walking distance to the Turkey Creek Shopping and Entertainment Complex, the property boasts a salt-water pool with outdoor kitchen, state of the art fitness center including an infrared sauna, a gourmet demonstration and tasting kitchen, outdoor gaming area, club-house café, and an on-premise dog park.
The deal was brokered by The Kirkland Company's Tennessee Team of William Kirkland, Dennis Harris, Zac Wracher, and Miller Harris.
The Kirkland Company is headquartered in Nashville, Tennessee and specializes in the sale of apartment communities in ten states across the Southeast. The TKC team has closed over 615 multifamily investment transactions since inception. Find out more about TKC at www.thekirklandco.com.
For questions or more information please contact Zac Wracher at firstname.lastname@example.org or (615) 690-3001.
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SOURCE The Kirkland Company