Description of 1503 Travel Way, Sevierville, TN 37862
Listing details for 1503 Travel Way, Sevierville, TN 37862 : First time on the market! 26-unit property on 5 acres with value-add opportunities & million-dollar views! Well-located in Sevier County, close to all the jobs in Pigeon Forge and Sevierville and surrounded by high-end homes.
This offering includes 2 separate parcels nearly adjacent to each other. The Travel Way parcel contains the Seller's 3-BR home (completed 1982), a mixed-use building with a coin laundry, office, workshop, a 2-BR apt (built ~1996), a two car garage plus 12 units (small and affordable) in 4 triplexes (built between 1994 and1997).
The Flatwood Rd parcel, just a few lots over, also contains 4 triplexes of similar age, a huge barn and potential to build three more units. Each parcel contains 2.5 acres. Lots of potential for rent increase.
From I-40, Exit 407 towards Sevierville. Turn right on Veterans Blvd, left onto Middle Creek Rd, Left onto Ernest McMahan Rd, then stay right onto Pullen Rd. Left onto Flatwood Rd. House and 13 apts will be on the right at 1503 Travel Way. the additional 12 units are at 1444 Flatwood Rd.
Home Specification
Total Square Feet
16,310
Construction / Architecture
Year Built
1982
Construction Materials
Frame and Other
Roof
Composition
New Construction
No
Price per Sq Ft
$113
Lot Size (Sq Ft)
217,800
Lot Size (Acres)
5
Lot Dimensions
600x616xIRREG
Interior Details
Appliances
Refrigerator and Range
Flooring
Laminate and Vinyl
Fireplace
No
Heating
Baseboard, Central, Other, Electric and Natural Gas
Cooling
Central Air and Wall Unit(s)
Exterior Details
Garage
No
Attached Garage
No
Parking Features
On Premise Parking
Fencing
None
Taxes, HOA & Financing
Annual Property Tax
$3,078.00
HOA Fee Includes
None
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Listing Provided By
Solange Velas, Goldman Partners Realty, LLC
Properties displayed may be listed or sold by various participants in the MLS
Source
East Tennessee Realtors, MLS#: 1186349
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Property History
DateEventPrice
6/27/2022
Sold
$1,850,000 0%
$113/sqft
Source:Realtracs MLS #RTC3552599
6/27/2022
Sold
$1,850,000 -11.9%
$113/sqft
Source:East Tennessee Realtors #1186349
3/30/2022
Listed for sale
$2,100,000
$129/sqft
Source:Realtracs MLS #RTC3552599
3/30/2022
Listed for sale
—
Source:East Tennessee Realtors #1186349
Location of 1503 Travel Way, Sevierville, TN 37862
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