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7052 E Lamar Alexander Pkwy Townsend, TN 37882

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For Sale
$1,375,000

16-unit multifamily property near Great Smoky Mountains National Park.

Property size:
8,940 SF

Property Features for 7052 E Lamar Alexander Pkwy

General Information

Size
8,940 SF

Building Details

Year built
1972

Source: Sheev Patel Agent Sheev Patel

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Townsend Multifamily Investment Opportunity

This 16-unit investment property is centrally located in Townsend, Tennessee, approximately 8 minutes from the entrance of the Great Smoky Mountain National Park. The property is also near Pigeon Forge and Gatlinburg, offering convenient access to various attractions and activities. The property has been recently renovated and features new kitchenettes, fixtures, and furniture. Exterior updates include the facade and landscaping, with the addition of firepit areas and grills. The property, totaling 8,940 square feet, could also be operated as a motel, capitalizing on a market with limited competition.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Smoky Mountain Lodge Lodge

Suggested Use

Restaurant Realty agency Wholesale Shop Hotel & Motel Kitchen & Bath Furniture Store Cafe & Coffee Shop Travel Agency Bed & Breakfast Seafood Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Townsend
County
Blount
State
Tennessee
Longitude
-83.7890116
Latitude
35.6816168

FAQs

What type of property is this?
Apartment building - 16-unit multifamily property near Great Smoky Mountains National Park.
Where is this apartment building located?
The property is located at 7052 E Lamar Alexander Pkwy Townsend, TN.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: - Located just 8 minutes from the Great Smoky Mountains National Park entrance.; - Turn-key property with recent renovations including **new kitchenettes, fixtures, and furniture**.; - Significant Capex improvements have been made.
More about this property
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