1503 Travel Way | Sevierville, TN 37862
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- LoopNet Team
1503 Travel Way
Sevierville, TN 37862
Schuette Apartments · Multifamily Property For Sale · 26 Units
Investment Highlights
- 26 Units Value-Add Multifamily + 4 commercial spaces
- Unincorporated Sevier County
- First time on market since built
- 6.6% Cap Rate on Recast Actual rents
- Property stays full - No subsidized residents
- High demand location in Sevier County with good proximity to Pigeon Forge
PROPERTY FACTS
| No. Units | 26 | Building Size | 15,220 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1982 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Lot Size | 5.61 AC |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.61 AC |
| Building Size | 15,220 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1982 |
| Parking Ratio | 1.91/1,000 SF |
Site Amenities
- Laundry Facilities
PROPERTY TAXES
| Parcel Number | 062-092.00 | Improvements Assessment | $59,440 |
| Land Assessment | $25,000 | Total Assessment | $84,440 |
PROPERTY TAXES
Parcel Number
062-092.00
Land Assessment
$25,000
Improvements Assessment
$59,440
Total Assessment
$84,440
zoning
| Zoning Code | R-1 |
| R-1 |
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