$6,550,000
$6,250,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
1,320 SqFt
SOLD DATE : 01/04/2022
Key Details
Sold Price $6,550,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $4,962
Subdivision Willow Trace
MLS Listing ID 242272
Sold Date 01/04/22
Year Built 2015
Annual Tax Amount $23,356
Tax Year 2020
Property Sub-Type Other
Source Great Smoky Mountains Association of REALTORS®
Land Area 1320
Property Description
MONEY MAKING INVESTMENT OPPORTUNITY! Total of 34 townhouse style units, 2 duplexes and 3 houses offered in this 39 unit investment package. Gross annual income is currently at $437,400. This is in a great location that is convenient to the hospital and the Parkway but still offers a peaceful setting. Vacancy rate is a non-issue in our market and is a great opportunity for 1031 exchange.
Location
State TN
County Sevier
Zoning R-1
Direction South on Veterans Blvd toward Middle Creek Rd, Turn left onto Middle Creek Rd, Turn left onto Ernest McMahan Rd, Slight right onto Pullen Rd, Turn right onto E Dogwood Ln, Turn left to stay on E Dogwood Ln, Turn right onto William Holt Blvd
Rooms
Basement Finished
Interior
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric, Heat Pump
Exterior
Parking Features On Site, Paved
Street Surface Paved
Road Frontage County Road
Building
Structure Type Frame
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Fee Simple Improved
Listing Terms 1031 Exchange, Cash, Conventional, Fee Simple Improved
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