$3,725,000
$3,940,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
1705 Ogle Rd Gatlinburg, TN 37738
20,420 SqFt
Key Details
Sold Price $3,725,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 20,420 sqft
Price per Sqft $182
MLS Listing ID 1265237
Sold Date 09/30/24
Originating Board East Tennessee REALTORS® MLS
Year Built 2004
Property Description
We are pleased to exclusively present Ogle Townhomes. These 21 units are 100% occupied and centrally located in Gatlinburg, Tennessee. Gatlinburg is known as the gateway to the Great Smoky Mountains National Park, the most visited national park in the United States. The property is currently operated as traditional apartments, but the zoning allows for short term rentals as well. The property has historically been fully occupied and there is ability to further increase rents. There are laundry facilities on site. Each unit is separately metered for electric and water is on one meter, however that expense will be billed back for any new leases executed.
Location
State TN
County Sevier County - 27
Rooms
Other Rooms Other
Interior
Heating Central, Other
Cooling Central Cooling
Flooring Laminate, Vinyl
Heat Source Central, Other
Exterior
Garage On Premise Parking
Garage Description On Premise Parking
Roof Type Other
Parking Type On Premise Parking
Garage No
Building
Faces From Gatlinburg travel on 321 towards Cosby to Left on Mills Park Rd to Left on Ogle Rd see apartments.
Structure Type Frame
Schools
Elementary Schools Pittman Center
High Schools Gatlinburg Pittman
Others
Tax ID 118 026.01
Energy Description Other Fuel
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
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