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7052 E Lamar Alexander Parkway

Townsend, TN 37882
  • $1,550,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 303896
$1,550,000
  • 0
    BEDS
  • 2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,940
    SQFT
  • $173
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1972
County:
Area:

School Ratings & Info

Listing courtesy of SVN I Wood Properties.


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.

Monthly Payment Calculator

Copyright 2024 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2024-12-02T00:15:35.09.
www.smokylistings.com/homes/157988604
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7052 E Lamar Alexander Parkway Townsend, TN 37882

  • Price: $1,550,000
  • Status: Active
  • On Site: 13 Days
  • ID#: 303896
0
Beds
0
Baths
0
½ Baths
2
Acres
8,940
SQFT
$173
$/SQFT
1972
Built
Neighborhood:
None
County:
Blount
Area:
Blount
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.
Exterior Features

Construction Materials Frame Exterior Features [] Fencing [] Foundation Details [] Lot Features Paved Parking Features On SitePaved Road Frontage Type County Road Road Surface Type Paved

Interior Features

Basement [] Cooling Wall Unit(s) Cooling YN Yes Flooring Laminate Heating Other Heating YN Yes Levels One Window Features []

Property Features

Association Amenities [] Association YN No Community Features [] Listing Terms CashConventional Other Equipment [] Other Structures [] Possession Close Of Escrow Property Sub Type Multi Family Restrictive Covenants YN No Security Features [] Sewer [] Special Listing Conditions [] Tax Annual Amount 6015.29 Tax Year 2023 Utilities [] Water Source [] Zoning B-1 Zoning Entity Blount Co

Copyright 2024 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of SVN I Wood Properties | Office Phone: 865-936-9999 .

Copyright 2024 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2024-12-02T00:15:35.09.
 
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Colonial Real Estate
1380 Dolly Parton Parkway
Sevierville TN, 37862
Listing courtesy of SVN I Wood Properties.