$1,100,000
$1,099,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
301 Park BLVD Rogersville, TN 37857
26 Beds
26 Baths
12,212 SqFt
Key Details
Sold Price $1,100,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 12,212 sqft
Price per Sqft $90
MLS Listing ID 268547
Sold Date 07/12/24
Bedrooms 26
Full Baths 16
Half Baths 10
HOA Y/N No
Year Built 1973
Annual Tax Amount $10,125
Tax Year 2022
Lot Size 1.800 Acres
Acres 1.8
Property Sub-Type Apartment
Source Great Smoky Mountains Association of REALTORS®
Land Area 12212
Property Description
14 Townhomes located downtown at 301 Park Blvd, Rogersville, TN. This property is well positioned for future ownership to implement a value-add strategy across units and bring rents up to market rate. Consisting of (2) 1 bedroom/1 bathroom flats, (10) 2 bedrooms/1.5 bathroom, and (2) 2 bedrooms/2 bathroom townhomes investors can underwrite based on comparable units in the market to an average of $200/month+ in moving rents to what is market for the area and further with future renovations.
Location
State TN
County Hawkins
Zoning R-2
Direction From I-40 E toward Asheville take exit 421 toward Bristol onto I-81N. Take exit 8 toward Morristown on US-25E N. Take ramp onto Highway 11W (US-11W N) towards Rogersville. Go for 19miles. Turn right onto Park Blvd. Go for .2miles. Property is on the right.
Interior
Heating Central
Cooling Central Air
Exterior
Garage Spaces 1.0
Garage Yes
Building
Water Public
Structure Type Brick,Frame
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