2536 Newport Hwy Active

Sevierville,TN 37876

$ 750000

- Bed

0 Bath

6076 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,076 sqft

Price per Sqft $123

MLS Listing ID 1277792

Year Built 1977

Property Description

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.

Location

State TN

County Sevier County - 27

Rooms

Other Rooms DenStudy

Interior

Heating Central,Electric

Cooling Central Cooling

Flooring Laminate,Carpet

Exterior

Garage Off-Street Parking

Garage Description Off-Street Parking

Roof Type Metal, Shingle

Building

Structure Type Stone,Vinyl Siding,Other

Others

Acceptable Financing Call Listing Agent,Cash,Conventional

Listing Terms Call Listing Agent,Cash,Conventional

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