7052 Lamar Alexander Pkwy Active

Townsend,TN 37882

$ 1550000

- Bed

0 Bath

8940 SqFt


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

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.

Location

State TN

County Blount County - 28

Rooms

Other Rooms Other

Interior

Heating Other,Electric

Cooling Wall Cooling

Flooring Laminate

Exterior

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Other

Building

Structure Type Frame

Others

Acceptable Financing New Loan,Cash,Conventional

Listing Terms New Loan,Cash,Conventional

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