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    804 East Pkwy

    Gatlinburg, TN 37738
    • $1,200,000
    • STATUS: Active Under Contract
    • ON SITE: 129 Days
    • ID#: 1156393
    Under Contract
    UPDATED: 39 min ago
    $1,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,747
      SQFT
    • $253
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Within minutes of downtown Gatlinburg. Studio Apartments (open one-bedroom) 100% occupancy with the added benefit of below market rents that are ripe for raising. Tenant parking spaces--excellent for tenant retention. All units have refrigerators. 7 units have kitchenettes. 3 Units are one bedroom. 13 units total. Current Gross $100K per year. Potential opportunity through re-positioning to VRBO property. Possible owner financing.

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    © 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Billy Houston Group | Realty Executives. Information is deemed reliable but is not guaranteed accurate by the MLS or Billy Houston Group | Realty Executives. Data last updated: 2021-10-20T11:52:55.95.
    www.billyhoustongroup.com/homes/118192090
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    804 East Pkwy Gatlinburg, TN 37738

    • Price: $1,200,000
    • Status: Active Under Contract
    • Updated: 39 min ago
    • ID#: 1156393
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,747
    SQFT
    $253
    $/SQFT
    1947
    Built
    Neighborhood:
    Survey Recorded
    County:
    Sevier
    Area:
    Gatlinburg
    Elementary School:
    Pi Beta Phi
    Middle School:
    Pigeon Forge
    High School:
    Gatlinburg Pittman
    Property Description
    Within minutes of downtown Gatlinburg. Studio Apartments (open one-bedroom) 100% occupancy with the added benefit of below market rents that are ripe for raising. Tenant parking spaces--excellent for tenant retention. All units have refrigerators. 7 units have kitchenettes. 3 Units are one bedroom. 13 units total. Current Gross $100K per year. Potential opportunity through re-positioning to VRBO property. Possible owner financing.
    Exterior Features

    Construction Frame Driveway Yes Exterior Features PatioShed Garage Parking None Lot Size Irr Siding Other

    Interior Features

    Cooling Wall Cooling Floors Other Fuel Electric Heat Forced Air Misc Features None Other Rooms Other

    Property Features

    Auction YN No City County Code City Limits City Taxes 213.96 County Taxes 2499.84 Gross Annual Income 106800.00 Multifamily Sub Type Other New Financing CashNew LoanOwner Will Carry Owner Expenses TaxesWater Property Status N/A Pud YN No Restrictions No Sale Includes All Furnishings Tenant Expenses Other Total Tax 2713.80 Type Of Units Efficiency UnitFurnished Units Leased 13.00 Utilities Mo Avg 1289.00

    Listing information © 2021 Knoxville Area Association of REALTORS®, Inc.
    Listing provided courtesy of Just Listed Knoxville Real Estate.


    © 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Billy Houston Group | Realty Executives. Information is deemed reliable but is not guaranteed accurate by the MLS or Billy Houston Group | Realty Executives. Data last updated: 2021-10-20T11:52:55.95.
     
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    Billy Houston Group | Realty Executives
    124 N Winston Road, Suite 201
    Knoxville TN, 37919