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
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.