1705 Ogle Rd, Gatlinburg, TN 37738
$3,725,000
Property Type:
Multi-Family
Square Footage:
20,420
Status:
Closed
Current Price:
$3,725,000
List Date:
6/05/2024
Last Modified:
10/01/2024
Overview
Description
We are pleased to exclusively present Ogle Townhomes. These 21 units are 100% occupied and centrally located in Gatlinburg, Tennessee. Gatlinburg is known as the gateway to the Great Smoky Mountains National Park, the most visited national park in the United States. The property is currently operated as traditional apartments, but the zoning allows for short term rentals as well. The property has historically been fully occupied and there is ability to further increase rents. There are laundry facilities on site. Each unit is separately metered for electric and water is on one meter, however that expense will be billed back for any new leases executed.
Listing Details MLS# 1265237
Location Tax Legal Info
- House #
- 1705
- Street Name
- Ogle
- St Suffix
- Rd
- State/Province
- TN
- Zip Code
- 37738
- PIN #
- 118 026.01
Contract Info
- Auction Y/N
- No
- Listing Price
- 3940000
General Property Description
- SqFt – Total (Aprox)
- 20420
- Lot Dimensions
- n/a
- Number of Units
- 21
- # Units Leased
- 21
- Utilities/Mo Avg
- 2139.5
- Year Built
- 2004
- Property Status
- N/A
- Driveway
- Pavement
Status Change Info
- Status Change Date
- 2024-10-01
- Under Contract Date
- 2024-08-07
- Sold Date
- 2024-09-30
Location, Tax & Legal Info
- Area
- Sevier County – 27
- City/County Code
- City Limits
- Elementary School
- Pittman Center
- Total Tax
- 7302.08
- High School
- Gatlinburg Pittman
Remarks & Misc
- Directions
- From Gatlinburg travel on 321 towards Cosby to Left on Mills Park Rd to Left on Ogle Rd see apartments.
- Public Remarks
- We are pleased to exclusively present Ogle Townhomes. These 21 units are 100% occupied and centrally located in Gatlinburg, Tennessee. Gatlinburg is known as the gateway to the Great Smoky Mountains National Park, the most visited national park in the United States. The property is currently operated as traditional apartments, but the zoning allows for short term rentals as well. The property has historically been fully occupied and there is ability to further increase rents. There are laundry facilities on site. Each unit is separately metered for electric and water is on one meter, however that expense will be billed back for any new leases executed.
More Information
Property Sub-Type
- Apartment
- Yes
Construction
- Frame
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
- 2 Bedroom Unit
- Yes
- 3 or more Bdrm Units
- Yes
Sale Includes
- Building and Land
- Yes
Miscellaneous
- Coin Laundry
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Laminate
- Yes
- Vinyl
- Yes
Garage/Parking
- On Premise Parking
- Yes
Fuel
- Other Fuel
- Yes
Heat
- Central
- Yes
Other Rooms
- Other
- Yes
Roof
- Other
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- New Loan
- Yes
Property Features
Property Sub-Type:
Apartment
Type of Units:
1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units
Sale Includes:
Building and Land
Floors:
Laminate; Vinyl
Fuel:
Other Fuel
Heat:
Central
Cooling:
Central Cooling
Construction:
Frame
Roof:
Other
Other Rooms:
Other
Miscellaneous:
Coin Laundry
New Financing:
Cash; Conventional; New Loan
Listing Office:
SVN I Wood Properties
IDX
Office Phone: 865-936-9999
Last Updated: October – 01 – 2024
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