Mountain View Lane - Apartments FOR SALE


Pigeon Forge, TN 37863
$20,000,000 USD
615-988-1625
Mountain View Lane, Pigeon Forge, TN for Sale
$20,000,000 USD
Apartments - FOR SALE
1/8
null | 7.5% Cap Rate

Mountain View Lane
Pigeon Forge, TN 37863


HIGHLIGHTS

  • Long Term Lease for 36 Units
  • New FF&E Throughout
  • Fully operational Short term rental business

OVERVIEW

***Do not enter or disturb or enter property without Seller Consent*** Prime investment property a short distance from Dollywood and walking distance to all the Parkway has to offer. Property benefits from a trolley stop to explore all Pigeon Forge has to offer. On site manager. Long term lease from a single tenant occupying 36 units. Turn Key Short Term Rental business in all remaining units. Amazing views throughout the property especially from the Clubhouse building which includes a pool, game room, lounge and separate bathrooms. All FF & E to convey.

FOR SALE DETAILS

PRICE

$20,000,000 USD

PRICE/SF

$274 USD /SF

# OF UNITS

52

PRICE/UNIT

$384,615

CAP RATE

7.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Benjamin SmithVoyager Real Estate PartnersMore Info
615-988-1625

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Benjamin SmithVoyager Real Estate PartnersMore Info
615-988-1625

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.