2810 Daybreak Way, AND 721 W. Casey Dr., Strawberry Plains, TN 37871
$925,000
Property Type:
Commercial Sale
Square Footage:
8,900
Status:
Closed
Current Price:
$925,000
List Date:
10/12/2017
Last Modified:
8/23/2024
Description
Attention Investors - Participate in the booming Smoky Mountain rental market! This listing is offered and must be sold with the seller's other apartment complex in a great Sevierville location. The $995K price includes BOTH of these properties. Convenient to both Knoxville and Sevierville and just 6 miles from I-40 exit 407, this all brick complex includes two buildings with both one and two bedroom, a total of 13 units. The second property is a ten unit complex in an even better location near the Sevier County Utility District (MLS# 212667). Additional financial information on both of these properties will be available soon.
More Information MLS# 212666
Location, Tax, and Legal
Street Additional Info: AND 721 W. Casey Dr.
Restrictive Covenants YN: No
Zoning: Comm./Indust.
Zoning Entity: Other
Tax Lot: 14&P
Tax Annual Amount: 3306.9
Tax Year: 2016
Contract Information
Owner Name: Ten Plex Assoc
Rental History Gross Amount 1: 0
Rental History Year 1: 0
Rental History Gross Amount 2: 0
Rental History Year 2: 0
Association Fee: 0
Current Price: $925,000
Original List Price: 1300000
Sold Price: $925,000
Status: Closed
Listing Contract Date: 2017-10-12
General Property Information
Number Of Buildings: 3
Lot Size Acres: 0
Business Name: Daybreak Apartments
Bonus Room YN: No
Number of Bonus Rooms: 0
Sign On Property YN: No
List Price/SqFt: 111.8
Sold Price/SqFt: 103.93
Living Area: 8900
Year Built: 1981
Remarks and Miscellaneous
Public Remarks: Attention Investors - Participate in the booming Smoky Mountain rental market! This listing is offered and must be sold with the seller's other apartment complex in a great Sevierville location. The $995K price includes BOTH of these properties. Convenient to both Knoxville and Sevierville and just 6 miles from I-40 exit 407, this all brick complex includes two buildings with both one and two bedroom, a total of 13 units. The second property is a ten unit complex in an even better location near the Sevier County Utility District (MLS# 212667). Additional financial information on both of these properties will be available soon.
Directions: From Interstate I40 exit 407 take Winfield Dunn Parkway which quickly becomes Snyder Rd. Pass Smokies Stadium on your right and continue north on Snyder at the stop sign stay straight (road becomes TN 139W). About 3 miles to a right onto Daybreak Way. Property immediately on your left.
Status Change Information
Status Change Timestamp: 2019-05-30
Buyer Financing: Conventional
Major Change Timestamp: 2019-06-07T09:00:00Z
Major Change Type: Price Reduced
Price Change Timestamp: 2019-06-07T09:00:00Z
Purchase Contract Date: 2019-04-26
Close Date: 2019-05-30
Close Price: 925000
Currently Not Used
Book/Page/Doc #: 153
Basement
None: 1
Construction Materials
Brick: 1
Cooling
Electric: 1
Heat Pump: 1
Documents Available
Aerial Photo: 1
Financial Statement: 1
Leases: 1
Electric
220 Volts: 1
Heating
Electric: 1
Heat Pump: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Fee Simple Improved: 1
Parking Features
On Site: 1
Paved: 1
Possession
Close Of Escrow: 1
Road Frontage Type
County Road: 1
State Road: 1
Road Surface Type
Paved: 1
Utilities
Water Connected: 1
Income and Expenses
Maintenance Expense: 0
Owner Pays
Sewer: 1
Water: 1
Tenant Pays
Electricity: 1
Possible Use
Multi-Family: 1
Business Type
Residential: 1
Showing Requirements
Call Listing Office: 1
Restricted Hours: 1
Showing Instructions: This Apartment Complex MUST be sold in junction with Mountain Mist Apartments (MLS # 212667) located near Sevier County Utility District headquarters in Sevierville. Please call listing office to schedule a showing. As with all Real Estate transactions you should verify all information independently including HOA info and square footage. Buy title insurance, have a survey, home inspection, and all other needed inspections. Buy insurance. Equal housing opportunity. Most information from tax records are not verified by listing agent/company.
Location Tax and Legal
Street Number: 2810
Street Name: Daybreak
Street Suffix: Way
County: Jefferson
State: TN
Zip Code: 37871
Property Sub Type: Other
MLS Area Major: Jefferson County
Subdivision Name: Other
Property Features
Basement: None
Business Type: Residential
Construction Materials: Brick
Cooling: Heat Pump
Documents Available: Aerial Photo; Financial Statement; Leases
Electric: 220 Volts
Heating: Electric; Heat Pump
Levels: Two
Listing Terms: Cash; Conventional; Fee Simple Improved
Owner Pays: Sewer; Water
Parking Features: On Site; Paved
Possession: Close Of Escrow
Possible Use: Multi-Family
Road Frontage Type: County Road; State Road
Road Surface Type: Paved
Tenant Pays: Electricity
Utilities: Water Connected
Showing Requirements: Call Listing Office; Restricted Hours
Listing Office:
All Pro REALTORS, Inc.
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.