202 Jessee Rd Maynardville, TN 37807
Exceptional investment opportunity: Cover Manor, a two-building, multifamily property situated on Norris Lake in Maynardville, Tennessee. This 3,561 square foot property, built in 2003 and renovated in 2015, boasts a prime location just two miles from Highway 33. The property features a total of three bedrooms and four bathrooms, spread across two stories. The main level offers an open floor plan perfect for entertaining, complemented by a sunroom/dining area with stunning lake views. Upstairs, a primary suite provides breathtaking 360-degree water vistas. The lower level includes a spacious recreation area with a bar, ideal for gatherings, along with two additional generously sized bedrooms. A covered two-bay dock, complete with a jet ski port and lounge area, enhances the property's appeal. Zoned for special residential use, this property has generated over $41,000 in income as an Airbnb or vacation rental, presenting significant potential for continued profitability. The property's address is 202 Jessee Rd, Maynardville, TN 37807. This turnkey investment is ready for immediate income generation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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