Absolute On-Site Auction 21 Unit Apartment Complex
Absolute On-Site Auction
21 Unit Apartment Complex
Thursday, July 27th at 1:00 PM
Preview: One Hour prior to sale
1705 Ogle Rd. Gatlinburg, TN 37738
Wonderful investment opportunity!! It is hard to find 21 low maintenance apartments in the Gatlinburg market with a 100% occupancy rate, recent upgrades with rent growth potential. Don't miss the opportunity to own Prime Income Producing Property in Gatlinburg TN!
2016 $170,000 Gross Yearly Income!
• 21 Unit Apartment Complex
• Lot Size 1.42 ac.
• Square Footage 20,420
• 100% Occupied / Rent Growth Potential
• Unit Mix 19 two (2) bedroom / one (1) bedroom / One (1) three bedroom
• Located behind Gatlinburg High School / Rocky Top Sports World
• 7/10ths Mile off the Parkway
10% Buyer's Premium
Real Estate Terms: 10% Down day of sale. Balance due at closing within 30 days.
2% Broker Participation is available to all licensed Real Estate Professionals. Please contact Todd Thompson Auctions for package.