New apartment complex to add more affordable housing in Knoxville

Written By Megan Varner

KNOXVILLE, Tenn. (WATE) — A new apartment complex is opening in Knoxville promising affordable housing for the city.

The Ammons at Asheville Highway was built by Southeast Capital in partnership with developer Carl Lansden. The city of Knoxville provided $2 million dollars for construction to developers from its Affordable Rental Development Fund.

The 102,267-square-foot apartment complex was constructed on the site of a dilapidated hotel located at 4617 Asheville Highway. The Ammons features 28 two-bedroom units and 52 three-bedroom units. According to the complex’s website, rent for a two-bedroom will be $905 and rent for a three-bedroom will be $1181.

Megan Varner www.meganvarner.com
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