1705 Ogle Road, Gatlinburg, TN 37738
$3,725,000
Property Type:
Commercial Sale
Square Footage:
20,420
Lot Size (sq. ft.):
61,855
Status:
Closed
Current Price:
$3,725,000
List Date:
6/05/2024
Last Modified:
12/01/2025
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.
More Information MLS# 301385
Location, Tax, and Legal
City/County: City
Restrictive Covenants YN: No
Zoning: R2
Zoning Entity: Sevier
Parcel Number: 118 026.01
Tax Lot: /2
Tax Annual Amount: 7302.08
Tax Year: 2023
Contract Information
Auction YN: No
Owner Name: 1705 Ogle Ventures LLC
Listing Agreement: Exclusive Right To Sell
Association YN: No
Current Price: $3,725,000
Original List Price: 3990000
Sold Price: $3,725,000
Status: Closed
Listing Contract Date: 2024-06-05
General Property Information
Stories Total: 2
Lot Size Acres: 1.42
Lot Size Source: Public Records
Parking Total: 40
Bonus Room YN: No
List Price/SqFt: 192.95
Sold Price/SqFt: 182.42
Living Area: 20420
Year Built: 2004
Remarks and Miscellaneous
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.
Directions: From Gatlinburg travel on 321 towards Cosby to Left on Mills Park Rd to Left on Ogle Rd see apartments.
Status Change Information
Status Change Timestamp: 2024-10-01
Buyer Financing: Other
Anticipated Closing Date: 2024-09-27
Major Change Timestamp: 2024-10-01T13:00:51Z
Major Change Type: Status Change
Price Change Timestamp: 2024-07-08T19:42:37Z
Purchase Contract Date: 2024-08-07
Close Date: 2024-09-30
Close Price: 3725000
Unit Details
Number Of Units Leased: 21
Construction Materials
Frame: 1
Cooling
Central Air: 1
Documents Available
Aerial Photo: 1
Financial Statement: 1
Survey: 1
Flooring
Laminate: 1
Vinyl: 1
Heating
Central: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
On Site: 1
Paved: 1
Possession
Close Of Escrow: 1
Water Source
Public: 1
Possible Use
Multi-Family: 1
Showing Considerations
Occupied: 1
Showing Requirements
Call Listing Agent: 1
Location Tax and Legal
Street Number: 1705
Street Name: Ogle
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Multi Family
MLS Area Major: Gatlinburg
Subdivision Name: None
Property Features
Construction Materials: Frame
Cooling: Central Air
Documents Available: Aerial Photo; Financial Statement; Survey
Flooring: Laminate; Vinyl
Heating: Central
Levels: Two
Listing Terms: Cash; Conventional
Parking Features: On Site; Paved
Possession: Close Of Escrow
Possible Use: Multi-Family
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Call Listing Agent
Listing Office:
SVN I Wood Properties
Last Updated: December - 01 - 2025
Information deemed reliable but not guaranteed.