7052 East Lamar Alexander Parkway

Townsend, TN 37882

$1,550,000
Price
Beds
8,940 Sq. Ft.
$173 / Sq. Ft.
8,940
Sq. Ft.
$173
per Sq. Ft.

Description

Presenting The Trailblazer, an investment opportunity featuring 16 units in the heart of Townsend, TN. The property is located just 8 minutes from the entrance of the Great Smoky Mountain National Park, the most visited park in the United States, and is near both Pigeon Forge and Gatlinburg which offer a variety of attractions and activities. The recently renovated property is turn-key, showcasing brand-new kitchenettes, fixtures, and furniture ensuring residents a modern and comfortable experience....Presenting The Trailblazer, an investment opportunity featuring 16 units in the heart of Townsend, TN. The property is located just 8 minutes from the entrance of the Great Smoky Mountain National Park, the most visited park in the United States, and is near both Pigeon Forge and Gatlinburg which offer a variety of attractions and activities. The recently renovated property is turn-key, showcasing brand-new kitchenettes, fixtures, and furniture ensuring residents a modern and comfortable experience. Outside, the facade and landscaping of the property have been updated and firepit areas and grills have also been added. Alternatively, the property could also be operated as a motel or as short term rentals. This option capitalizes on a market with limited competition, presenting an opportunity to increase the NOI.
  1. Listed by Cohl Morgan • SVN I Wood Properties

Amenities

  • Air Conditioning
  • Kitchenette
  • Parking Included
LISTING UPDATED: 11/20/2024 09:07 AM

Property Details for 7052 East Lamar Alexander Parkway

StatusActive
MLS #1282886
Days on Market33
Taxes$6,015 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1972
Lot Size0.00 AC / 0 SF
CountyBlount County

Building Information for 7052 East Lamar Alexander Parkway

Stories-Residences16Year Built1972Building Size-Lot Size0.00 AC / 0 SF

Property Information for 7052 East Lamar Alexander Parkway

Summary
Location and General Information
  • City: Townsend
  • County Or Parish: Blount County - 28
  • Directions: GO THRU MARYVILLE TN TO TOWNSEND TN. PROPERTY ON RIGHT.
  • Latitude: 35.681297
  • Longitude: -83.789334
  • MLS Area Major: Blount County - 28
  • MLS Area Minor: Blount County - 28
  • Postal Code: 37882
  • State Or Province: TN
  • Location Tax Legal Info Area: Blount County - 28
  • Remarks Misc Directions: GO THRU MARYVILLE TN TO TOWNSEND TN. PROPERTY ON RIGHT.
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking
  • General Property Description Driveway: Paved
  • Garage Parking On Premise Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 095 015.01
  • Location Tax Legal Info Total Tax: 6015.29
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1972
  • Building Area Total: 8940.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: n/a
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: n/a
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Electric: True
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Microwave, Refrigerator
  • Flooring: Laminate
  • Heating: Yes
  • Cooling Wall Cooling: True
  • Floors Laminate: True
  • Heat - Other: True
  • Appliances Microwave: True
  • Appliances Refrigerator: True
  • Other Rooms Other: True
  • Roof Other: True
Multi Family
Multi-Family Information
  • Number Of Units Total: 16
  • Type of Units Efficiency Unit: True
Rental
Rent Information
  • Tenant Expenses Cooling: Wall Cooling
  • Tenant Expenses Heating: Other,Electric

Property History for 7052 East Lamar Alexander Parkway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7052 East Lamar Alexander Parkway

Taxable ValueLand$125,000Additions$253,320Total$378,320
Tax Record2022$3,572 ($298 / month)
Home Facts
Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories1Lot Size87,120 SqFtStyleMiscellaneous CommercialYear Built1950ZoningB-1CountyBLOUNTAPN005095 01501Fireplace TypeHas Fireplace

Schools near 7052 East Lamar Alexander Parkway

This home is within Blount County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Townsend Elementary School
PublicK to 5

Heritage Middle School
Public6 to 8

Heritage High School
Public9 to 12

Samuel Everett School of Innovation
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7052 East Lamar Alexander Parkway is a multi-family home for sale in Townsend, TN 37882. This property was listed for sale on November 18, 2024 by SVN I Wood Properties, it's currently listed at $1,550,000. It has been on the market for a total of 33 days and was last sold on January 28, 2022. This listing's school district is Blount County School District. Nearby schools include Townsend Elementary School, Heritage Middle School and Heritage High School. 7052 East Lamar Alexander Parkway is a 0-bed, 0-bath, 8,940 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SVN I Wood Properties, Cohl Morgan

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