20370 Lee Hwy Active

Philadelphia,TN 37846

$ 600000

- Bed

0 Bath

4746 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,746 sqft

Price per Sqft $126

MLS Listing ID 1279428

Year Built 1960

Property Description

Sunrise Inn is currently operated as a daily/weekly/monthly rental. The property is ideally positioned for renovations and updates, resulting in increased revenue for investors. The seller enjoys 100% occupancy due to the property's convenient location and the lack of short-term rentals in the Philadelphia/Loudon area. Long-term occupancy history. Value add. Demonstrated need for short-term rentals in the area. One of the fastest growing counties in Tennessee. New Metal Roof in 2015. The seller also owns the .74-acre parcel across the street, which can be purchased for $100,000.

Location

State TN

County Loudon County - 32

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Flooring Laminate,Other

Exterior

Exterior Feature Cable Available (TV Only)

Garage Other

Garage Description Other

Roof Type Metal, Other

Building

Structure Type Other

Others

Acceptable Financing Call Listing Agent,New Loan,Cash,Conventional

Listing Terms Call Listing Agent,New Loan,Cash,Conventional

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