Jacksboro Station, Jacksboro, TN 37757
$1,200,000
Property Type:
Multi-Family
Square Footage:
17,902
Status:
Closed
Current Price:
$1,200,000
List Date:
6/10/2021
Last Modified:
7/13/2021
Description
Incredible multi-family investment opportunity located in Jacksboro. A total of 18 duplex's (10-1BD/1BA Building F, 3-2BD/2BA Building E & 5-2BD/1BA Building D) and 1-1998 doublewide mobile home 3BD/2BA). All units are currently rented and current as of 6/9/21. All units have covered front porches and rear decks. Exteriors are stucco, vinyl w/stone accents. There is potential for SEVERAL other duplex's to be built in 3 different areas of the property. Building F and E have FPw/gas logs and cathedral ceilings. All units have W/D hookups, gas heat, central air and concrete driveways. Updates have been done as needed. All units include stoves, refrigerators, and dishwashers. Landlord pays for mowing and garbage pick up. Tenants pay all utilities.
Supplements: Several of the tenants have been there for 5+ years. Call listing agent for more information. Located 3 miles Norris Lake access. Shopping and schools are very close. Building F is a total of 8380 sq ft. Building E is a total of 4110 sq ft. Building D is a total of 4060 sq ft. Mobile home is 26X52 Sq footage taken from tax records. Buyers to verify all information.
More Information MLS# 1155991
Location, Tax & Legal Info
Area: Campbell County - 37
Community: Stone Henge Apts.
City/County Code: County
Total Tax: 8309.05
Contract Info
Auction Y/N: No
Listing Price: 1275000
Current Price: $1,200,000
Status: Closed
Listing Date: 2021-06-09
General Property Description
Lot Dimensions: 3.11 Ac
# Units Leased: 19
Restrictions: No
Utilities/Mo Avg: 125
Property Status: N/A
Driveway: Concrete
Lease Information: Month to Month rentals
SqFt - Total (Aprox): 17902
Number of Units: 19
Year Built: 2000
Remarks & Misc
Directions: I75N to exit 134. Proceed toward Jacksboro. Turn rt onto Main St. Take a left onto Liberty St. Take the next left onto Jacksboro Station Rd. Next rt onto Stone Henge Lane. No sign on property. **Listing address is Jacksboro Station Rd on MLS...Duplex's are actually on Stone Henge Lane.**
Public Remarks: Incredible multi-family investment opportunity located in Jacksboro. A total of 18 duplex's (10-1BD/1BA Building F, 3-2BD/2BA Building E & 5-2BD/1BA Building D) and 1-1998 doublewide mobile home 3BD/2BA). All units are currently rented and current as of 6/9/21. All units have covered front porches and rear decks. Exteriors are stucco, vinyl w/stone accents. There is potential for SEVERAL other duplex's to be built in 3 different areas of the property. Building F and E have FPw/gas logs and cathedral ceilings. All units have W/D hookups, gas heat, central air and concrete driveways. Updates have been done as needed. All units include stoves, refrigerators, and dishwashers. Landlord pays for mowing and garbage pick up. Tenants pay all utilities.
Income/Expenses
Gross Annual Income: 98880
Property Sub-Type
Five or Six Plex: 1
Four Plex: 1
Other: 1
Construction
Block: 1
Frame: 1
Type of Units
Efficiency Unit: 1
1 Bedroom Unit: 1
2 Bedroom Unit: 1
Unfurnished: 1
Siding
Stucco: 1
Vinyl: 1
Other: 1
Sale Includes
Building and Land: 1
Other: 1
Miscellaneous
No Pets: 1
Porch: 1
TV Cable Available: 1
Washer/Dryer Cnctns: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Floors
Carpet: 1
Laminate: 1
Tile: 1
Vinyl: 1
Garage/Parking
Off-Street Parking: 1
Tenant Expenses
Cooling: 1
Electricity: 1
Gas: 1
Heating: 1
Sewer: 1
Telephone: 1
Water: 1
Other: 1
Owner Expenses
Common Area Maintenance: 1
Exterior Maintenance: 1
HVAC Maintenance: 1
Insurance: 1
Lawn Maintenance: 1
Roof Maintenance: 1
Taxes: 1
Trash Collection: 1
Fuel
Gas (Natural): 1
Heat
Central: 1
Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Smoke Detector: 1
Other Rooms
Bedroom Main Level: 1
Family Room: 1
Mstr Bdrm Main Level: 1
Roof
Metal: 1
Shingle: 1
Exterior Features
Deck: 1
Doors - Storm: 1
Porch - Covered: 1
Windows - Vinyl: 1
Misc Features
Cathedral Ceiling(s): 1
Internet Available: 1
Pantry: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
New Financing
Call Listing Agent: 1
Cash: 1
Conventional: 1
New Loan: 1
Location Tax Legal Info
Street Name: Jacksboro Station
State/Province: TN
Zip Code: 37757
PIN #: 110B C 008.00 000
Geo Lat: 36.32508
Geo Lon: -84.174387
Status Change Info
Status Change Date: 2021-07-13
Under Contract Date: 2021-06-11
Sold Date: 2021-07-12
Sold Price: $1,200,000
Property Features
Property Sub-Type: Five or Six Plex; Four Plex; Other
Type of Units: Efficiency Unit; 1 Bedroom Unit; 2 Bedroom Unit; Unfurnished
Sale Includes: Building and Land; Other
Floors: Carpet; Laminate; Tile; Vinyl
Tenant Expenses: Electricity; Gas; Sewer; Telephone; Water; Other
Owner Expenses: Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes; Trash Collection
Fuel: Gas (Natural)
Heat: Central
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Range; Refrigerator; Smoke Detector
Construction: Block; Frame
Roof: Metal; Shingle
Siding: Stucco; Vinyl; Other
Exterior Features: Deck; Doors - Storm; Porch - Covered; Windows - Vinyl
Misc Features: Cathedral Ceiling(s); Internet Available; Pantry; Walk-In Closet(s); Washer/Dryer Connect
Other Rooms: Bedroom Main Level; Family Room; Mstr Bdrm Main Level
Miscellaneous: No Pets; Porch; TV Cable Available; Washer/Dryer Cnctns
New Financing: Call Listing Agent; Cash; Conventional; New Loan
Listing Office: Gables & Gates, REALTORS
Office Phone: 865-777-9191
Last Updated: July - 13 - 2021
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