$750,000
 $4,026 est/mo Sourced by Back At You

2536 Newport Hwy , Sevierville, TN 37876

Sevierville, TN 37876

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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.

Details

MLS#1277792
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1977
Days On Site41
Listing Provided ByMG Rise Real Estate Group | Logan Smith

Features

SQ Feet6,076
Units6
Acreage1.98

Market Activity 37876

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Learn More About This Property

StateTN
CountySevier County 27
CitySevierville
Zip Code37876
AreaSevier County 27
Subarea27
Listing VS Median (in 37876)
Price:
$750,000
low | high
Med:
$596,500
70.466666666667% of Average
SqFt:
6,076
low | high
Med:
2,840
100% of Average
$ / SqFt:
$123
low | high
Med:
$226
33.405185185185% of Average
On Site:
41
low | high
Med:
70.000000
58.571428571429% of Average
Sourced by Back At You
Listing Updated: September 26, 2024 at 6:23:42 PM PDT