2536 Newport Hwy, Sevierville, TN 37876

$750,000
6,076
SqFt
List Price
$750,000
Status
ACTIVE
Days on Market
16
MLS#
1277792
Subtype
Multi-Family
Year Built
1977
Living Area
6,076

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.

Additional Information

Heating
Central, Electric
Air Conditioning
Central Cooling
Exterior Construction
Stone, Vinyl Siding, Other

Courtesy of MG Rise Real Estate Group

Agent: Logan Smith |

Office: MG Rise Real Estate Group |

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Calculator source: Real Geeks