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Street View
$2,700,000
3 Beds
- 1 Bath
1,624sqft
107 Lay Hollow Rd, Sharps Chapel, TN 37866
$2,700,000
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Multi Family
Built in 1963
$-- HOA
-- sqft lot
$1,663/sq.ft
Description
Rare mixed-use investment portfolio featuring two income-producing assets in Union County, TN, located approximately 10 minutes apart. This diversified investment includes campground/RV income, multifamily, self-storage, residential rentals, and ancillary revenue with immediate upside and future expansion potential.
Portfolio now offered at $3,800,000. The seller has agreed to complete the current expansion as part of the sale, including 14 new campground pads at Sharps Chapel and 7 new camper/RV pads at the Maynardville property. Upon completion, projected annual NOI increases by $138,600 to approximately $491,424, representing a 12.93% projected cap rate at the asking ...
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1963
HOA Fees
-
Finished Area
1,624 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Nashville (RealTracs Mid) MLS
MLS Number
3250984
MLS Status
Active
Days on Market
76
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