Summit Towers

Overview

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Summit Towers, located in Knoxville, Tennessee, offers a serene living environment for seniors seeking comfort and convenience. This community is designed to cater to the needs of its residents, providing a peaceful setting close to downtown amenities. The well-lit streets and proximity to grocery stores ensure that daily necessities are easily accessible.

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Residents at Summit Towers enjoy a range of services tailored to enhance their living experience. The community provides a welcoming atmosphere where the leasing team is dedicated to helping residents feel at home. Built in 1980, the property boasts 277 units that blend modern conveniences with the charm of independent living.

The area surrounding Summit Towers is vibrant, ensuring that there is always something to do. Whether it’s a casual stroll through the neighborhood or engaging in community activities, this location offers an ideal balance of tranquility and engagement.

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Amenities and Features

Close vicinity to downtown
Well-lit streets
Proximity to grocery stores
Community dedicated to senior living
277 units
Convenient access to public transportation
On-site property management team
Independent living environment

Sources

Summit Towers Location

Address: 201 Locust St, Knoxville, TN 37902

Phone: 865-525-5069

Website: https://tn211.myresourcedirectory.com/index2.php?option=com_cpx&task=resource&id=639671&view=send&method=print

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About Knoxville, Tennessee

Knoxville, a city located in the state of Tennessee (TN), is home to a population of approximately 615,829 people. Knoxville boasts a median age of 33.4, with around 19.4% of its residents aged 60 or above. 6% of the population identifies as US Veterans. 14.2% of Knoxville residents are disabled. The city has an average household income of $48,309, while the unemployment rate stands at 4.8%, and around 20.7% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Knoxville is $183,822, with a monthly rent averaging $1,043.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.