20370 Lee Hwy Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,TN 37846
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,746 sqft
Price per Sqft $126
MLS Listing ID 1279428
Originating Board East Tennessee REALTORS® MLS
Year Built 1960
Lot Dimensions IRR
Property Description
Sunrise Inn is currently operated as a daily/weekly/monthly rental. The property is ideally positioned for renovations and updates, resulting in increased revenue for investors. The seller enjoys 100% occupancy due to the property's convenient location and the lack of short-term rentals in the Philadelphia/Loudon area. Long-term occupancy history. Value add. Demonstrated need for short-term rentals in the area. One of the fastest growing counties in Tennessee. New Metal Roof in 2015. The seller also owns the .74-acre parcel across the street, which can be purchased for $100,000.
Location
State TN
County Loudon County - 32
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Flooring Laminate,Other
Furnishings true
Appliance Other
Heat Source Other
Exterior
Exterior Feature Cable Available (TV Only)
Garage Other
Garage Description Other
Roof Type Metal, Other
Parking Type Other
Garage No
Building
Faces Corner of Hwy 11 & Pond Creek Rd
Structure Type Other
Others
Tax ID 055 064.00
Energy Description Other Fuel
Acceptable Financing Call Listing Agent,New Loan,Cash,Conventional
Listing Terms Call Listing Agent,New Loan,Cash,Conventional