1629 E Parkway - Multi-Family FOR SALE


Gatlinburg, TN 37738
$1,725,000 USD
865-599-3320
1629 E Parkway, Gatlinburg, TN for Sale
$1,725,000 USD
Multi-Family - FOR SALE
1/7
null | Request Cap Rate

1629 E Parkway
Gatlinburg, TN 37738


HIGHLIGHTS

  • 100% Occupied
  • Waiting List for Tenants
  • 3.5 Miles to Downtown Gatlinburg
  • Located on City Trolley Line
  • Limited Area Multifamily Availability

OVERVIEW

100% Occupied Multifamily property located on East Parkway 3.5 miles from Downtown Gatlinburg.(21) total units (8) separate buildings. Most units are (1) Bedroom/ (1) Bath with long term tenants that pay rent weekly. Currently there is a waiting list for tenants. Excellent management "in place" managing two properties. Do not approach tenants or disturb business.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$224 USD /SF

# OF UNITS

21

PRICE/UNIT

$82,143

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

(21) Unit Gatlinburg, TN Multi-Family

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.4 AC

LAND SF

148,104 SF

ZONING

C-2 Commercial

APN/PARCEL ID

117 237.00

ASK ABOUT THIS PROPERTY

Ed ThompsonSIG Real Estate, LLCMore Info
865-599-3320

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Ed ThompsonSIG Real Estate, LLCMore Info
865-599-3320

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