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110 Mary Lee Way
Sevierville, TN 37862
Ogle Place · Multifamily Property For Sale
·
70 Units
Investment Highlights
- Mins from everything! Dollywood, Tanger Outlets, Walmart, hospital, schools, and city park, and more!
- Hvac replaced on all 70 units 3 years ago
- Owner raised rents 11.87% in Sept 2021 and rents are still below market
- 6+/- Ac to expand with originally 5 dirt pads(already packed and pre-pared for concrete) 42 units, City allows 21 units per Ac.
- Tennessee has NO income tax
- All units have washer and dryer hook-ups
Property Facts
| No. Units | 70 | Building Size | 71,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 1999 |
| Building Class | B | Parking Ratio | 2.11/1,000 SF |
| Lot Size | 16.00 AC | ||
| Zoning | R-3 - Commercial | ||
| No. Units | 70 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 16.00 AC |
| Building Size | 71,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1999 |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | R-3 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Playground
- Storage Space
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 70 | $972.50 | 1,000 |
Property Taxes
| Parcel Number | 061-085.03-001 | Improvements Assessment | $1,323,560 |
| Land Assessment | $90,000 | Total Assessment | $1,413,560 |
Property Taxes
Parcel Number
061-085.03-001
Land Assessment
$90,000
Improvements Assessment
$1,323,560
Total Assessment
$1,413,560
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