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List Price: $549,000
Seller financing is available.
The building located at 1056 US-321 Hampton, TN is a multi-family and storage business with several options for indoor or outdoor storage. Just a few miles from the beautiful Lake Watagua and steps from the Appalachian trail. The demand for nightly (Airbnb or VRBO), monthly, seasonal or year long rentals is in high demand.
The building is concrete block and metal roof that measure 50' wide and 100' in length. Built in 2005 and complete renovation done in 2017. It contains a second story unit (102) the building totals 5,900 sqft, which consists 2 apartments and 3 large garage bays with 14'x12' roll up doors each with led lights and RV hookups inside. One unit is a 2 bedroom 1 bath consisting of 850sqft and the other is a 1 bedroom 1 bath consisting of 550sqft. The building is positioned on 4.5 acres with 150' x 75' high security fenced storage. Zoning is A1, For rent roll or occupancy questions please reach out for more information at Paulrovegno1@gmail.com
From left to right: Garage and entry door to unit 102 which Consists of indoor storage, an indoor Deck, a second story 2bed 1 bath approximately 900 sqft with washer dryer, and 2017 Frigidaire appliances
Around corner is entry door to unit 101:
A 1 bed 1 bath approximately 550 sqft, lots of storage and 2017 Frigidaire appliances
Bay 1 dimensions: 28'W x 49'L
Bay 2 dimensions: 15'6"W x 49'L
Bay 3 dimensions: 18'6"W x 49L
Door heights: 12'W x 14'H
Laurel Fork trailhead within walking distance
Watagua Lake public boat ramp 2 miles
25 minutes outside of Johnson City (16mi)
37 minutes outside of Bristol
POTENTIAL RENTAL INCOME:
1/1 Unit 101: $650/mo
2/1 Unit 102: $850/mo
Bay 1: $600/mo
Bay 2: $500/mo
Bay 3: $500/mo
Outdoor Storage: 20/25 boat/trailer/rv/ spots at $60/mo ($1200/mo)
Gross potential income: $4300.00/mo
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