RV Park/Self Storage/Multi-Family Rentals - Norris Lake, TN
107 Lay Hollow Road
Sharps Chapel, TN 37866
Description
RV Park & Self Storage: 14+/- acres with 43 RV pads, all with annual leases and fully occupied by full-time residents, plus 52 self-storage rental units also fully occupied and private coin operated laundry facilities. Existing acreage can support an additional ~30 RV pads. Adjacent acreage also available for 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. Project 2024 NOI ~$280,000.
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
