301 Park Boulevard, Rogersville, TN 37857 (MLS# 268547)

301 Park Boulevard, Rogersville, TN 37857

$1,100,000
Property Type: Residential Income Bedrooms: 26 Baths: 26 Square Footage: 12,212 Lot Size (sq. ft.): 78,408 Status: Closed
Current Price: $1,100,000 List Date: 4/30/2024 Last Modified: 12/01/2025

Overview

Description

14 Townhomes located downtown at 301 Park Blvd, Rogersville, TN. This property is well positioned for future ownership to implement a value-add strategy across units and bring rents up to market rate. Consisting of (2) 1 bedroom/1 bathroom flats, (10) 2 bedrooms/1.5 bathroom, and (2) 2 bedrooms/2 bathroom townhomes investors can underwrite based on comparable units in the market to an average of $200/month+ in moving rents to what is market for the area and further with future renovations.

Listing Details MLS# 268547

General Property Information

Number Of Units Total
14
Lot Size Acres
1.8
Living Area
12212
Bedrooms Total
26
Bathrooms Total
26
Bathrooms Full
16
Bathrooms Half
10
Garage YN
Yes
Attached Garage YN
No
Garage Spaces
Yes
Year Built
1973
Bonus Room YN
No
Sign On Property YN
No
Home Warranty YN
No
List Price/SqFt
89.99
Sold Price/SqFt
90.08
Below Grade Unfinished Area
0

Property Features

Construction Materials: Brick; Frame Cooling: Central Air Heating: Central Possession: Close Of Escrow Water Source: Public Showing Requirements: Call Listing Agent

Location Tax and Legal

Street Number
301
Street Name
Park
Street Suffix
Boulevard
County
Hawkins
State
TN
Zip Code
37857
Property Sub Type
Apartment
MLS Area Major
Other

Contract Information

Original List Price
1149000
Listing Contract Date
2024-02-23
Owner Name
Hayes Investments LLC
Occupancy
Permanent Resident Only
Association YN
No

Remarks and Miscellaneous

Public Remarks
14 Townhomes located downtown at 301 Park Blvd, Rogersville, TN. This property is well positioned for future ownership to implement a value-add strategy across units and bring rents up to market rate. Consisting of (2) 1 bedroom/1 bathroom flats, (10) 2 bedrooms/1.5 bathroom, and (2) 2 bedrooms/2 bathroom townhomes investors can underwrite based on comparable units in the market to an average of $200/month+ in moving rents to what is market for the area and further with future renovations.
Directions
From I-40 E toward Asheville take exit 421 toward Bristol onto I-81N. Take exit 8 toward Morristown on US-25E N. Take ramp onto Highway 11W (US-11W N) towards Rogersville. Go for 19miles. Turn right onto Park Blvd. Go for .2miles. Property is on the right.

Status Change Information

Major Change Timestamp
2024-07-15T13:38:26Z
Major Change Type
Status Change
Price Change Timestamp
2024-02-28T22:04:31Z
Status Change Timestamp
2024-07-15
Purchase Contract Date
2024-05-08
Close Date
2024-07-12
Close Price
1100000
Buyer Financing
Conventional
Anticipated Closing Date
2024-06-21

More Information

Unit Details

# of 1-Bedroom Units
2
# of 2-Bedroom Units
12

1 Bedroom Unit Details

Baths Full
Yes

2 Bedroom Unit Details

Baths Full
Yes
Baths Half
Yes

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
R-2
Zoning Entity
Other
Tax Lot
n/a
Book/Page/Doc #
1274, 5771800331
Tax Annual Amount
10125.26
Tax Year
2022

Construction Materials

Brick
Yes
Frame
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Possession

Close Of Escrow
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Office: SVN I Wood Properties
Last Updated: December - 01 - 2025
Information deemed reliable but not guaranteed.
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