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For Sale Tennessee hornbeak 4883
272 2nd avenue, hornbeak, Tennessee 38232 United States
For Sale Tennessee hornbeak 4883
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Mixed Use For Sale By Owner
Motel For Sale. Great Investment !!!.
272 2nd avenue, hornbeak, Tennessee 38232 United States
Description
Great lakefront investment property on the shores of Reelfoot Lake.
Long-time tenants. Guests pay between $50 and $79 per night. Extended stay tenants pay between $600 and $820 per month.
Typically 100% occupancy
Multifamily studios with 1 bathroom and kitchenette.
Drive by; Don't disturb the guests and tenants.
MOTIVATED seller may accept seller financing with a 75% down payment.
| Price: | $498,000 |
| Property Sub-Type: | Mixed Use |
| Cap Rate: | 8 % |
| Total Building Size: | 4481 SF |
| Total Lot Size : | 11000 SF |
| Year Built : | 1957 |
| No of Parking Stalls: | 15 |
| Occupancy: | 100 % |
| Listing ID: | 4883 |
Map of: 272 2nd avenue, hornbeak, Tennessee 38232 United States
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