St Hwy 62, Wartburg, TN 37887

$1,150,000
Property Type: Multi-Family Lot Size (sq. ft.): 8 Status: Closed
Current Price: $1,150,000 List Date: 12/02/2020 Last Modified: 7/06/2023

Description

Incredibly maintained and level, 7.8 acre property, complete with a a total of 23 units and plenty of room to add more. All completely rented, & majority are long term tenants. High demand in the area has more possible tenants sitting on a waiting list. Of the current 23 units on the premises; 17 are well maintained mobile homes, 3 very clean houses and finally, a pristine triplex. All of the units have their own off street parking/driveways & concrete sidewalks. Each location has its own septic system/records.The units also boast 50 year metal roofs, under ground utilities, vinyl siding, under pinning surrounded by gravel, extra insulation under the units and encasing all water pipes, all water heaters/washers have leak pans beneath. The owner's attention to detail is impossible to miss!

More Information MLS# 1124261

Location, Tax & Legal Info

Area: Morgan County - 35 City/County Code: County Total Tax: 51.01

Contract Info

Auction Y/N: No Listing Price: 1300000 Current Price: $1,150,000 Status: Closed Listing Date: 2020-07-23

General Property Description

Lot Dimensions: 0 Lot Size SqFt: 7.8 # Units Leased: 23 Restrictions: No Utilities/Mo Avg: 0 Property Status: N/A Driveway: Yes Lease Information: Contact agent for details. Number of Units: 23 Year Built: 1998

Remarks & Misc

Directions: From Knoxville, Head toward Oak Ridge using TN-162 N. & and TN-62 W. Pass through Oak Ridge and head towards Oliver Springs. Once to Oliver Springs, Turn right to stay on TN-62 W. When getting close to downtown Wartburg, turn left onto Liberty Rd. Then, left onto Herbert Heidel Rd. No sign on property. Public Remarks: Incredibly maintained and level, 7.8 acre property, complete with a a total of 23 units and plenty of room to add more. All completely rented, & majority are long term tenants. High demand in the area has more possible tenants sitting on a waiting list. Of the current 23 units on the premises; 17 are well maintained mobile homes, 3 very clean houses and finally, a pristine triplex. All of the units have their own off street parking/driveways & concrete sidewalks. Each location has its own septic system/records.The units also boast 50 year metal roofs, under ground utilities, vinyl siding, under pinning surrounded by gravel, extra insulation under the units and encasing all water pipes, all water heaters/washers have leak pans beneath. The owner's attention to detail is impossible to miss!

Property Sub-Type

Other: 1

Construction

Other: 1

Type of Units

Other: 1

Siding

Vinyl: 1

Sale Includes

Building and Land: 1

Miscellaneous

Porch: 1 Washer/Dryer Cnctns: 1

Cooling

Central Cooling: 1 Other: 1

Floors

Carpet: 1 Hardwood: 1 Laminate: 1 Vinyl: 1

Garage/Parking

Carport: 1 Off-Street Parking: 1 On Premise Parking: 1

Fuel

Electric: 1

Heat

Central: 1

Appliances

Dishwasher: 1 Handicapped Equipped: 1 Range: 1 Refrigerator: 1 Other: 1

Other Rooms

Other: 1

Roof

Metal: 1

Exterior Features

Deck: 1 Handicap Accessible: 1 Porch - Covered: 1 Shed: 1 Windows - Insulated: 1

Misc Features

Washer/Dryer Connect: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1 Other: 1

Location Tax Legal Info

Street Name: St Hwy 62 State/Province: TN Zip Code: 37887 PIN #: 108038.00

Status Change Info

Status Change Date: 2021-05-13 Under Contract Date: 2021-04-21 Sold Date: 2021-05-13 Sold Price: $1,150,000

Property Features

Property Sub-Type: Other Type of Units: Other Sale Includes: Building and Land Floors: Carpet; Hardwood; Laminate; Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling; Other Appliances: Dishwasher; Handicapped Equipped; Range; Refrigerator; Other Construction: Other Roof: Metal Siding: Vinyl Exterior Features: Deck; Handicap Accessible; Porch - Covered; Shed; Windows - Insulated Misc Features: Washer/Dryer Connect Other Rooms: Other Miscellaneous: Porch; Washer/Dryer Cnctns New Financing: Cash; Conventional; New Loan; Other
Listing Office: Wallace
Office Phone: 865-584-4000
Last Updated: July - 06 - 2023
St Hwy 62, Wartburg, TN 37887- MLS# 1124261
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