Sep

14
2017
Knoxville,Tennessee

Michaelson Real Estate Group, LLC and Eklund Development, LLC acquire The Metropolitan in West Knoxville, TN

Michaelson Real Estate Group is pleased to announce the expansion of its portfolio to include The Metropolitan Apartments, a 520-unit community in the popular Cedar Bluff neighborhood of West Knoxville, Tennessee.

The Metropolitan, located at 790 North Cedar Bluff Road, offers beautiful apartment living in an area known for terrific schools and great shopping. Nestled among mature trees and lush landscaping, the community is just minutes from Downtown Knoxville.

The Metropolitan features six different one and two-bedroom floor plans with an average size of 800 square feet. The community boasts newly renovated wood style flooring, designer paint schemes, stainless steel appliances, granite countertops, oversized closets, washer & dryers and private balconies/patios. Select units have wood burning fireplaces. The Metropolitan full amenity package includes a sparkling heated indoor pool with hot tub and an outdoor resort style pool with sundeck; beautiful clubhouse; state-of-the art fitness center; tennis, basketball and sand volley ball courts; picnic area and grills; on-site laundry facility; and auto-detailing area.

The community has convenient access to the area’s major transportation corridors including Interstates 40, 75 and 640. Knoxville is situated in the Great Appalachian Valley, about halfway between the Great Smoky Mountains to the east and the Cumberland Plateau to the west, making this community especially picturesque.

The asset was built in 1986. It is comprised of 27 two-story buildings on 34.3 acres of land. It underwent a multi-million dollar renovation over the last few years including repaved parking lots, new roofs and interior/exterior renovations throughout the community.

About Michaelson & Eklund

Michaelson Real Estate Group, LLC is an entrepreneurial driven, full service apartment management and investment firm  that  provides  a  diversified  range  of  real  estate  services  including:  property  management, leasing and marketing, and investment. Michaelson specializes in enhancing multi family values by utilizing its core marketing, management and repositioning capabilities. The principal is a seasoned real estate executive and entrepreneur that  has over 30 years of experience in the multifamily market.

Eklund Development is a real estate firm which owns and develops investment properties in Florida, Tennessee,  Nevada, Colorado and California.

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