223 Hazel Dr Sevierville, TN 37862

Listing details for 223 Hazel Dr, Sevierville, TN 37862 : Sevierville Apartments (8 units) offers a stabilized income-generating property in a high demand area. Built in 1989, the complex features 2 buildings with fourplax townhouses. Each building contains 4 units two level design with 2 BR and 1 1/2BA with approximately 880 sq ft per unit. The apartments is conveniently located near the mega center of tourism coming to see the Smoky Mtns, restaurants, and shopping. Sevier County not only has a strong job base in tourism but also has a successful community college and many long-tenured industrial employers. Fully rented, units have stoves, refrigerators, dishwashers. 4 units have washer/dryer connections. Residents pay all utilities including water & City picks up trash. Each unit currently rents on average of $725/MO. Units could use some updating which would allow for an increase in rent. The lot size is 67,518 sq ft and has plats to build additional units, if desired.