198 Manor DR, Sneedville, TN 37869
198 Manor DR, Sneedville, TN 37869
198 Manor DR, Sneedville, TN 37869
198 Manor DR, Sneedville, TN 37869
198 Manor DR, Sneedville, TN 37869
198 Manor DR, Sneedville, TN 37869
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Listed by Kim Roberts • Elite Realty Group
$ 3,750,000
Est. payment | /mo

49 Baths

13 SqFt


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$ 3,750,000
Est. payment | /mo
Save

49 Baths

13 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 13 sqft

Price per Sqft $288,461

MLS Listing ID 713482

Style Masonry

Year Built 1976

Annual Tax Amount $11,035

Lot Size 5.500 Acres

Acres 5.5

Lot Dimensions 5.5

Property Sub-Type Multi Family

Source Lakeway Area Association of REALTORS®

Property Description

Beautiful mountain views surround this 48-unit apartment community in Sneedville, Tennessee. The property features 12 garden-style buildings, with each apartment offering two bedrooms and one bathroom. The apartments participate in the Rural Development rental assistance program.

Owned and operated by the same family for 40 years, this well-maintained community reflects a longstanding commitment to upkeep and care. On-site facilities include an office, laundry room, and maintenance room to support daily operations and resident convenience.

Profit and loss statements for 2023-2026 are available to prospective buyers for review. This property offers an opportunity to acquire an established apartment community in a scenic East Tennessee setting.

*All information per courthouse records.(CHR) and /or Seller. Square footage and acreage are approximate and not guaranteed. Buyer and/or Buyer's agent to independently verify all information deemed important.Listing agent is family to sellers.

Location

State TN

County Hancock

Direction Main Street in Sneedville to Campbell Drive/right on Sterling Dr let into Sneedville Manor

Interior

Heating Central, Electric, Hot Water

Cooling Central Air, Electric

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Internet

Building

Lot Description City Lot, Cleared, Paved, Sloped Down, Views

Water Public

Architectural Style Masonry

Structure Type Aluminum Siding,Asphalt,Brick,Stucco

Others

Senior Community No

Tax ID 045B J 00400 000

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Shawn Wilmoth, CCIM
Shawn Wilmoth, CCIM

Agent License ID: 354366

+1(865) 205-9353

308 N PETERS RD. STE 225, KNOXVILLE, TN 37922, United States

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198 Manor DR