$600,000
 $3,221 est/mo Sourced by Back At You

20370 W Lee Hwy , Philadelphia, TN 37846

Philadelphia, TN 37846

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Description

Sunrise Inn is currently operated as a daily/weekly/monthly rental. The property is ideally positioned for renovations and updates, resulting in increased revenue for investors. The seller enjoys 100% occupancy due to the property's convenient location and the lack of short-term rentals in the Philadelphia/Loudon area. Long-term occupancy history. Value add. Demonstrated need for short-term rentals in the area. One of the fastest growing counties in Tennessee. New Metal Roof in 2015. The seller also owns the .74-acre parcel across the street, which can be purchased for $100,000.

Details

MLS#1279428
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site23
Listing Provided ByNAI Koella l RM Moore | Ryan McElveen

Features

SQ Feet4,746
Units11

Market Activity 37846

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Learn More About This Property

StateTN
CountyLoudon County 32
CityPhiladelphia
Zip Code37846
AreaLoudon County 32
Subarea32
Listing VS Median (in 37846)
Price:
$600,000
low | high
Med:
$382,250
86.291666666667% of Average
SqFt:
4,746
low | high
Med:
1,760
100% of Average
$ / SqFt:
$126
low | high
Med:
$217
21.350119509044% of Average
On Site:
23
low | high
Med:
100.000000
23% of Average
Sourced by Back At You
Listing Updated: October 24, 2024 at 12:03:26 PM PDT