The Silo Apartments provide an excellent investment opportunity in growing Sevierville/Pigeon Forge area for workforce housing. Strong management has kept vacancies low, and manager currently maintains a waitlist for openings. Owner has improved units over the years with flooring and security system, and all tenants are on submetered utilities and provide W/D. The apartments are located on a quiet Old Knoxville Highway near the Sevier County Fairgrounds and each unit is provided 2 parking spaces. The apartments are divided into two buildings of 1/1 and 2/1.5 units and one unique silo-to-home conversion. Landlord responsibilities include common area lighting, mowing, trash pickup.
Off market
$991,200
106 Jersey Dr #A1, Sevierville, TN 37862
--beds
0baths
10,600sqft
MultiFamily
Built in 1987
-- sqft lot
$991,200 Zestimate®
$94/sqft
$1,487 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Features
- Flooring: Carpet, Concrete
Interior area
- Total interior livable area: 10,600 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 1 Acres
Details
- Parcel number: 049AC01300000
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Footing
- Roof: Composition
Condition
- Year built: 1987
Community & neighborhood
Location
- Region: Sevierville
Other
Other facts
- Cooling: Central Cooling
- Floors: Carpet, Hardwood, Laminate
- Fuel: Electric
- Other Rooms: Other
- Owner Expenses: Insurance, Lawn Maintenance, Taxes, Leasing Fees, Trash Collection, Common Area Maintenance, Roof Maintenance, Exterior Maintenance
- Siding: Brick, Vinyl
- Heat: Central
- Type of Units: 2 Bedroom Unit, 1 Bedroom Unit
- Property Sub-Type: Apartment
- Tenant Expenses: Cooling, Heating, Water/Sewer, Electricity
- Construction: Frame
- Garage/Parking: Off-Street Parking
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$991,200
2% more+$19,824
With Zillow Showcase(estimated)$1,011,024