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$ 1,550,000
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Active
7052 Lamar Alexander Pkwy Townsend, TN 37882
8,940 SqFt
UPDATED:
11/20/2024 02:07 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,940 sqft
Price per Sqft $173
MLS Listing ID 1282886
Originating Board East Tennessee REALTORS® MLS
Year Built 1972
Property Description
Presenting The Trailblazer, an investment opportunity featuring 16 units in the heart of Townsend, TN. The property is located just 8 minutes from the entrance of the Great Smoky Mountain National Park, the most visited park in the United States, and is near both Pigeon Forge and Gatlinburg which offer a variety of attractions and activities.
The recently renovated property is turn-key, showcasing brand-new kitchenettes, fixtures, and furniture ensuring residents a modern and comfortable experience. Outside, the facade and landscaping of the property have been updated and firepit areas and grills have also been added. Alternatively, the property could also be operated as a motel or as short term rentals. This option capitalizes on a market with limited competition, presenting an opportunity to increase the NOI.
The recently renovated property is turn-key, showcasing brand-new kitchenettes, fixtures, and furniture ensuring residents a modern and comfortable experience. Outside, the facade and landscaping of the property have been updated and firepit areas and grills have also been added. Alternatively, the property could also be operated as a motel or as short term rentals. This option capitalizes on a market with limited competition, presenting an opportunity to increase the NOI.
Location
State TN
County Blount County - 28
Rooms
Other Rooms Other
Interior
Heating Other, Electric
Cooling Wall Cooling
Flooring Laminate
Appliance Microwave, Refrigerator
Heat Source Other, Electric
Exterior
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Other
Garage No
Building
Faces GO THRU MARYVILLE TN TO TOWNSEND TN. PROPERTY ON RIGHT.
Structure Type Frame
Others
Tax ID 095 015.01
Energy Description Electric
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
Listed by SVN I Wood Properties