535 Old Knoxville HWY, Newport, TN 37821
535 Old Knoxville HWY, Newport, TN 37821
535 Old Knoxville HWY, Newport, TN 37821
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Listed by BJ Kramps • RE/MAX Real Estate Ten Midtown
$2,999,900
Est. payment /mo
40 Beds
39 Baths
184,258 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 184,258 sqft

Price per Sqft $16

MLS Listing ID 709819

Bedrooms 40

Full Baths 21

Half Baths 18

Year Built 2024

Annual Tax Amount $26,100

Lot Size 4.230 Acres

Acres 4.23

Lot Dimensions 4.23

Property Sub-Type Multi Family

Source Lakeway Area Association of REALTORS®

Property Description

19 units & 2 Billboard's
6 new triplexes (18 units) that avg $1427 monthly
1 single family home leased at 2500 /m
Billboard 150 /m
$28,350 MONTHLY

Professionally self managed, these are accurate numbers, & current rent roll.
Written leases with deposits & pet fees that transfer.

This one produces cash immediately & is running on all 6 cylinders. Tenants are current & often all 19 units are fully occupied.

Location

State TN

County Cocke

Direction This is right off the main road in Newport. GPS friendly.

Interior

Heating Central

Cooling Central Air

Exterior

Roof Type Shingle

Building

Water Public

Others

Senior Community No

Tax ID 046 14700 000


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Scottie Hooper

Scottie Hooper

+1(423) 608-9020

Broker | License ID: 357007

Broker License ID: 357007

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