BJ Can Help You Purchase This Unit

Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

2536 Newport Hwy, Sevierville, 37876

Priced At: $720,000

Property Details for ID: 1277792



SqFt: 6,076
Price SqFt: $118
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2024-09-26T22:00:10Z

Public Remarks: Rare opportunity for a great value add, or income producing property in a very convenient location in Sevierville, TN. This property features 1.47 acres, with 5 property-owned manufactured homes, and a 3-bedroom 2-bath site-built house. There is room for expansion and additions, while enjoying road frontage on one of the most traveled roads in Sevier County, along with rents being below market rent, creating an opportunity for short-term growth. Investment Highlights; Over 13 Million visitors to the area as of 2023. Located conveniently to the local attractions, and large employment sites. High traffic road frontage, with over 14,000 cars daily. Property owns all homes on site. Immediate opportunity to increase income.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1977
SqFt (Total): 6,076
Sub-Type: Other
Sale Includes: Building and Land
Unit Type(s): 2 Bedroom Unit, 3 or more Bdrm Units

  Exterior Features

Construction: Other
Siding: Stone, Vinyl

  Appliances

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate
Other Rooms: DenStudy

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Call Listing Agent, Cash, Conventional
Gross Annual Income: 55,200

  HOA Information

Restrictions: No

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Off-Street Parking

  Community Features

Outbuildings

Presented By: / MG Rise Real Estate Group

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Turn off of Newport Highway to 2536 Newport Highway.



Your commute

( Departing today at 8:00am )
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Four Reasons to Use BJ Swinehart

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Buyers Network

Utilizing the very latest in lead generation and good old fashioned hard work, I already have a network of qualified purchasers looking for the right home or property.

International Experience

I am a Certified International Property Specialist and have worked with buyers and sellers from all over the world.

Experience Is Key

Licensed since 1981, I have the experience to solve problems that arise and the know how to avoid major pitfalls

You Are Valued

I recognize that we are partners with our clients and as such, I strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.



Re/max Preferred Properties is a licensed Tennessee Real Estate Firm. Firm License 209356. Some or all of the Listing Displayed on this Site may not belong to Re/max Preferred Properties. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.