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

For Sale

107 Lay Hollow Road, Sharps Chapel, TN 37866

This Sharps Chapel property for sale is located at 107 Lay Hollow Road. The current listed sale price for RV Park/Self Storage/Multi-Family Rentals - Norris Lake, TN is $3,550,000. RV Park/Self Storage/Multi-Family Rentals - Norris Lake, TN is situated on a lot that is 14 acre in size.

Contacts

broker
Sam Griffin, CBI

eXp Commercial

Property Details

  • Property Type Other
  • Property Size 1 SF
  • Lot Size 14 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 5, 2024
Norris Lake, TNRV 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.
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Getting around

  • 6/100

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Location

  • City Sharps Chapel, TN
  • Neighborhood Sharps Chapel
  • Zip Code 37866
  • Market Knoxville

Points of Interest

  • BP

    3.07 miles

  • Food City Gas 'N Go

    6.57 miles

  • Sunoco

    7.65 miles

  • Exxon

    7.66 miles

  • Food City

    6.53 miles

In-Depth Research Available for this Property

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Contact Listing Broker
broker
Sam Griffin, CBI

eXp Commercial