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Home 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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