RV Park/Self Storage/Multi-Family Rentals - Norris Lake, TN

107 Lay Hollow Road Sharps Chapel, TN 37866

107 Lay Hollow Road, Sharps Chapel, TN, 37866
107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866 107 Lay Hollow Road, Sharps Chapel, TN, 37866
FOR SALE
Property Type:
Other Hospitality
Amount:
$4,000,000
Last Verified:
Jul 23, 2024

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Description

RV Park & Self Storage: 36+/- acres with 1 home, 43 campsites, all with annual leases and mostly occupied by full-time residents, plus 52 rental storage units and coin operated laundry facilities. 54 additional campsites are planned, built in 9-unit phases. As each phase is completed and filled, List Price will be adjusted. Currently there exist 25+/- acres of undeveloped land included, there is significant potential for further development or expansion. Located ½ mile from Norris Lake, 15 mins to Maynardville & Tazewell, and approx. 1 hour to Sevierville, Pigeon Forge & Gatlinburg. $261K NOI.

Multi-family Rentals & Storage: 4 lots for a total 2.07+/- acres with a 5 unit apartment complex, 2 houses and 3 trailer rental properties. A coin operated laundry facility and 5 self-storage units enhancing convenience for tenants and providing additional income. This investment promises stable rental returns. $100K+ potential NOI.

Norris Lake, TN

Building Size: 1sq ft
Lot Size: 38.0 acres

Map of 107 Lay Hollow Road, Sharps Chapel, TN, 37866

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