10959 US-79 Hwy - Dormitory FOR SALE


Springville, TN 38256
$369,500 USD
731-336-9077
10959 US-79 Hwy, Springville, TN for Sale
$369,500 USD
Dormitory - FOR SALE
1/18
null | 11.75% Cap Rate

10959 US-79 Hwy
Springville, TN 38256


HIGHLIGHTS

  • Average rent for tiny home averages $195/night and they usually short term rented 120-150 nights per year see proforma
  • These 2 units have never been rented
  • Complete with firepit area, covered porches and decks
  • Paved parking for trucks pulling boats
  • One year warranty
  • 2 Tiny Homes on 1.5 acres

OVERVIEW

2 tiny homes on joining lots, perfect for Airbnb, Minutes to marinas and Kentucky Lake, Ample paved parking for trucks pulling boats. These are band new never lived in units set up ready to move in with 12-month warranty. Typical tiny home short term rent is $195/night. Seller has financing available to qualified buyers. All rent figures are based on proforma.

FOR SALE DETAILS

PRICE

$369,500 USD

PRICE/SF

$82 USD /SF

# OF UNITS

2

PRICE/UNIT

$184,750

CAP RATE

11.75%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kentucky Lake Area Tiny Homes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Dormitory

ADD'L SUBTYPES

Apartments, Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,424 SF

ZONING

No Restrictions

APN/PARCEL ID

065-006.01

ASK ABOUT THIS PROPERTY

Rick MoodyMoody Realty Co., Inc.More Info
731-336-9077

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Rick MoodyMoody Realty Co., Inc.More Info
731-336-9077

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.