$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
12,212 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,212 sqft
Price per Sqft $90
MLS Listing ID 1250703
Sold Date 07/12/24
Originating Board East Tennessee REALTORS® MLS
Year Built 1973
Lot Dimensions 300 x 300 IRR
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 County - 58
Rooms
Other Rooms Other
Interior
Heating Central, Natural Gas
Cooling Central Cooling
Flooring Laminate, Hardwood, Vinyl
Heat Source Central, Natural Gas
Exterior
Garage On Premise Parking
Garage Description On Premise Parking
Roof Type Metal
Parking Type On Premise Parking
Garage No
Building
Faces 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.
Structure Type Brick
Others
Tax ID 101HB005.00
Energy Description Gas(Natural)
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION