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

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.

More Information MLS# 268547

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

Contract Information

Owner Name: Hayes Investments LLC Occupancy: Permanent Resident Only Association YN: No Current Price: $1,100,000 Original List Price: 1149000 Sold Price: $1,100,000 Status: Closed Listing Contract Date: 2024-02-23

General Property Information

Number Of Units Total: 14 Lot Size Acres: 1.8 Below Grade Unfinished Area: 0 Garage YN: Yes Bathrooms Half: 10 Attached Garage YN: No Garage Spaces: 1 Bonus Room YN: No Sign On Property YN: No Home Warranty YN: No List Price/SqFt: 89.99 Sold Price/SqFt: 90.08 Living Area: 12212 Bedrooms Total: 26 Bathrooms Total: 26 Bathrooms Full: 16 Year Built: 1973

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

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

Unit Details

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

Construction Materials

Brick: 1 Frame: 1

Cooling

Central Air: 1

Heating

Central: 1

Possession

Close Of Escrow: 1

Water Source

Public: 1

1 Bedroom Unit Details

Baths Full: 1 Baths Total: 1

2 Bedroom Unit Details

Baths Full: 1 Baths Half: 1 Baths Total: 2

Showing Requirements

Call Listing Agent: 1

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

Property Features

Construction Materials: Brick; Frame Cooling: Central Air Heating: Central Possession: Close Of Escrow Water Source: Public Showing Requirements: Call Listing Agent
Listing Office: SVN I Wood Properties
Last Updated: December - 01 - 2025
Information deemed reliable but not guaranteed.