Moneil Management Acquires 107-Unit Multifamily In Knoxville, TN With $10.8M Loan From Arbor Realty Trust

The multifamily property located at 2701 Sevier Avenue in Knoxville, TN has been involved in a recent closed transaction. The property consists of 107 units and was acquired through an acquisition loan.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,800,000
• Address: 2701 Sevier Avenue, Knoxville, TN
• Market: Knoxville, TN
• Lender: Arbor Realty Trust
• Landlord: Moneil Management - Vinney Chopra
• Brokers: Mark Krupenia & Barry Lefkowitz - Meridian Capital Group

The loan for the acquisition of the property was provided by Arbor Realty Trust. Moneil Management, represented by Vinney Chopra, acted as the landlord in the transaction. The brokers involved in the deal were Mark Krupenia and Barry Lefkowitz from the Meridian Capital Group.