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

Overview

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 ...

Listing Details MLS# 1155991

Location Tax Legal Info

Street Name
Jacksboro Station
State/Province
TN
Zip Code
37757
PIN #
110B C 008.00 000

Contract Info

Auction Y/N
No
Listing Price
1275000

General Property Description

SqFt - Total (Aprox)
17902
Lot Dimensions
3.11 Ac
Number of Units
19
# Units Leased
19
Utilities/Mo Avg
125
Year Built
2000
Property Status
N/A
Restrictions
No
Driveway
Concrete
Lease Information
Month to Month rentals

Status Change Info

Status Change Date
2021-07-13
Under Contract Date
2021-06-11
Sold Date
2021-07-12

Location, Tax & Legal Info

Area
Campbell County - 37
Community
Stone Henge Apts.
City/County Code
County
Total Tax
8309.05

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.

More Information

Income/Expenses

Gross Annual Income
98880

Property Sub-Type

Five or Six Plex
Yes
Four Plex
Yes
Other
Yes

Construction

Block
Yes
Frame
Yes

Type of Units

Efficiency Unit
Yes
1 Bedroom Unit
Yes
2 Bedroom Unit
Yes
Unfurnished
Yes

Siding

Stucco
Yes
Vinyl
Yes
Other
Yes

Sale Includes

Building and Land
Yes
Other
Yes

Miscellaneous

No Pets
Yes
Porch
Yes
TV Cable Available
Yes
Washer/Dryer Cnctns
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Carpet
Yes
Laminate
Yes
Tile
Yes
Vinyl
Yes

Garage/Parking

Off-Street Parking
Yes

Tenant Expenses

Cooling
Yes
Electricity
Yes
Gas
Yes
Heating
Yes
Sewer
Yes
Telephone
Yes
Water
Yes
Other
Yes

Owner Expenses

Common Area Maintenance
Yes
Exterior Maintenance
Yes
HVAC Maintenance
Yes
Insurance
Yes
Lawn Maintenance
Yes
Roof Maintenance
Yes
Taxes
Yes
Trash Collection
Yes

Fuel

Gas (Natural)
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes

Other Rooms

Bedroom Main Level
Yes
Family Room
Yes
Mstr Bdrm Main Level
Yes

Roof

Metal
Yes
Shingle
Yes

Exterior Features

Deck
Yes
Doors - Storm
Yes
Porch - Covered
Yes
Windows - Vinyl
Yes

Misc Features

Cathedral Ceiling(s)
Yes
Internet Available
Yes
Pantry
Yes
Walk-In Closet(s)
Yes
Washer/Dryer Connect
Yes

New Financing

Call Listing Agent
Yes
Cash
Yes
Conventional
Yes
New Loan
Yes

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
IDX
Office Phone: 865-777-9191
Last Updated: July - 13 - 2021
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.