South Knox apartment complex changes hands in $19.7M deal


A student housing complex in South Knoxville has been sold.

According to a deed filed with the county, The Heights of Knoxville — formerly known as University Heights — was acquired by Scion Knoxville Apartments LLC in a deal valued at more than $19.7 million.

According to a website for the property, The Scion Group acquired The Heights in May and is investing more than $500,000 in upgrades.

The Heights is located at 1319 Knotty Pine Way, west of the James White Parkway.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s