$6,550,000
Sevierville, TN 37862
MLS# 9921927
Status: Closed
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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 Parkway but still offers a peaceful setting. Vacancy rate is a non-issue in our market and is a great opportunity for 1031 exchange. All information deemed reliable but not guaranteed, buyer/buyers agent to verify all information.
Details
Maps
Documents
Location, Tax & Legal Info
Street #: 1432
Street Name: William Holt
St Suffix: Boulevard
County: Sevier
State/Province: TN
Zip Code: 37862
Area: 206 - Sevier County
Lot #: 112
Deed Book #: 3847
Deed Page #: 307
Parcel ID: 073 021.01 077
County Taxes: 23356
Contract Info
Status: Closed
Listing Price: 6250000
Current Price: $6,550,000
Listing Date: 2021-05-04
Buyer Broker: Yes
Buyer Broker Comm: 1.5
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Zoning: R-1
Property Sub-Type: Multi-Family
# of Units: 39
Total Units: 39
Year Built: 2015
Elementary School: Out Of Area
Middle School: Out Of Area
High School: Out Of Area
Home Warranty: No
HOA Fee: 2405
Remarks & Misc
Public Remarks: 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 Parkway but still offers a peaceful setting. Vacancy rate is a non-issue in our market and is a great opportunity for 1031 exchange. All information deemed reliable but not guaranteed, buyer/buyers agent to verify all information.
Directions: 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. GPS FRIENDLY
Status Change Info
Date Pending: 2021-10-08
Sold Date: 2021-12-29
Sold Price: $6,550,000
Unit 1
# Units: 34
Unit 2
# Units: 2
Unit 3
# Units: 2
Unit 4
# Units: 3
Property Features
Property Condition: Above Average
Style: Duplex; Townhouse
Levels: Two
Exterior Finish: Brick; Stone Veneer; Vinyl Siding
Appliances: Dishwasher; Disposal; Range; Refrigerator
Parking Features: Asphalt; Concrete
Porch/Patio/Deck: Deck; Porch; Rear Patio
Topography/Lot Description: Level
View: Mountain(s)
Heating: Central; Heat Pump
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public
Window Features: Double Pane Windows
Sewer: Public Sewer
Pool Features: Community
AC: Central Air; Heat Pump
Utilities: Cable Available
Construction: Site Built
Walls: Drywall
Info Available: Aerial; Books Available; Building Restrictions; Covenant; Investment Analysis; Survey
Easements: See Remarks
Financing: Cash; Conventional; Other
Existing Finance: Other
COA 
Listing Office: Crye-Leike Realtors
Last Updated: January - 04 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.