development opportunity & a 6 unit apartment fully leased! athens.pdf · sea adventure, 16.3...

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More Information Online More Information Online http://commercial.gcar.net/listing/30289229 QR Code QR Code Scan this image with your mobile device: Listing ID: 30289229 Status: Active Property Type: Vacant Land For Sale Possible Uses: Hospitality, Industrial Gross Land Area: 5.42 Acres Sale Price: $850,000 Unit Price: $156,826 Per Acre Sale Terms: Cash to Seller Overview/Comments Overview/Comments A diamond on the hill! Location, Location, Location. The property brings in income from a 6 unit apartment, and billboard. The property has a beautiful rolling hill that overlooks the interstate. The owner has done a lot of the due diligence for a climate control business. The site would make an excellent development for an apartment complex, hotel, assistant living, medical offices, or a storage unit/ car wash. You have access from Decatur Rd right off the interstate by the new Burger King and the drive curves around to the property. The property located directly behind Burger King is also for sale and these two properties purchased together would make a fantastic development opportunity with approximately 8 acres. The income for the six-unit apartments is roughly $40,000 a year, and the Billboard board sign has an 8-year lease and brings in approximately $4,000 a year. Call for more information. Wendy Elliott 386-481-8439 General Information General Information Taxing Authority: 046 254.00 & 046 255.00 Possible Uses: Hospitality, Industrial, Multi-Family, Retail, Self Storage, Vacation/Resort Zoning: COMMERCIAL Sale Terms: Cash to Seller Area & Location Area & Location Property Located Between: Whitaker and Hwy 30 Property Visibility: Excellent Legal Description: The traffic count at the intersection where the property is located in the highest in the City of Athens at 38,3 Largest Nearby Street: Decatur Pike Feet of Frontage: 919 Traffic/Vehicle Count: 38,317 Highway Access: Hwy 30 and Hwy 11 Airports: Mcminn and Monroe Site Description A 6 unit apartment sits on the corner of the property and brings in an income. The property is visible from both sides of the interstate. Area Description Off-Site Recreational ActivitiesAthens Regional Park, one mi.Classic Lanes Bowling, 2.3 mi.Snap Fitness, 2.4 mi.The Tanning Co, 2.9 mi.Hollywood Body Spa & Laser, four mi.24/7 Family Fitness, 4.4 mi.Prof Park, 4.6 mi.Rock Springs Golf Course, 4.6 mi.Decatur Park, 9.8 mi.Candies Creek Wildlife Management Area, 19.7 mi.Area AttractionsMcMinn County Living Heritage Museum, 3.8 mi.Mayfield Dairy Farms, 4.7 mi.Swift Museum, 8.8 mi.Meigs County Historical Museum, 9.8 mi.The Lost Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun State historical, 30.7 mi.Smoky Mountain Speedway, 39.9 mi.Harrison Bay State Park, 41.9 mi.Great Smoky Mountains National Park, 48.1 mi. Land Related Land Related Lot Frontage: 919 Zoning Description: Commercial Topography: Gently Sloping Soil Type: Mixed Available Utilities: Electric Water Service: Municipal Sewer Type: Municipal Development opportunity & a 6 unit apartment fully leased! Development opportunity & a 6 unit apartment fully leased! 2008 Whitaker Rd & 189 County Rd, Athens, TN 37303 Prepared by Wendy J Elliott, Stonecrest Properties Sep 6, 2018 on Greater Chattanooga REALTORS® 386-481-8439 [M] 423-267-1900 [O] [email protected] Tennessee Real Estate License: 278276 Page 1 Page 1

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Page 1: Development opportunity & a 6 unit apartment fully leased! athens.pdf · Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun

More Information OnlineMore Information Onlinehttp://commercial.gcar.net/listing/30289229

QR CodeQR CodeScan this image with your mobile device:

Listing ID: 30289229Status: ActiveProperty Type: Vacant Land For SalePossible Uses: Hospitality, IndustrialGross Land Area: 5.42 AcresSale Price: $850,000Unit Price: $156,826 Per AcreSale Terms: Cash to Seller

Overview/CommentsOverview/CommentsA diamond on the hill! Location, Location, Location. The property brings inincome from a 6 unit apartment, and billboard. The property has a beautifulrolling hill that overlooks the interstate. The owner has done a lot of the duediligence for a climate control business. The site would make an excellentdevelopment for an apartment complex, hotel, assistant living, medicaloffices, or a storage unit/ car wash. You have access from Decatur Rd rightoff the interstate by the new Burger King and the drive curves around to theproperty. The property located directly behind Burger King is also for saleand these two properties purchased together would make a fantasticdevelopment opportunity with approximately 8 acres. The income for thesix-unit apartments is roughly $40,000 a year, and the Billboard board signhas an 8-year lease and brings in approximately $4,000 a year. Call formore information.

Wendy Elliott 386-481-8439

General InformationGeneral InformationTaxing Authority: 046 254.00 & 046 255.00Possible Uses: Hospitality, Industrial, Multi-Family, Retail, Self

Storage, Vacation/Resort

Zoning: COMMERCIALSale Terms: Cash to Seller

Area & LocationArea & LocationProperty Located Between: Whitaker and Hwy 30Property Visibility: ExcellentLegal Description: The traffic count at the intersection where the

property is located in the highest in the City ofAthens at 38,3

Largest Nearby Street: Decatur PikeFeet of Frontage: 919Traffic/Vehicle Count: 38,317Highway Access: Hwy 30 and Hwy 11Airports: Mcminn and Monroe

Site Description A 6 unit apartment sits on the corner of the property and brings in an income. The property is visible from both sides of the interstate.

Area Description Off-Site Recreational ActivitiesAthens Regional Park, one mi.Classic Lanes Bowling, 2.3 mi.Snap Fitness, 2.4 mi.The Tanning Co, 2.9 mi.Hollywood BodySpa & Laser, four mi.24/7 Family Fitness, 4.4 mi.Prof Park, 4.6 mi.Rock Springs Golf Course, 4.6 mi.Decatur Park, 9.8 mi.Candies Creek Wildlife Management Area, 19.7mi.Area AttractionsMcMinn County Living Heritage Museum, 3.8 mi.Mayfield Dairy Farms, 4.7 mi.Swift Museum, 8.8 mi.Meigs County Historical Museum, 9.8 mi.The LostSea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun State historical, 30.7 mi.Smoky Mountain Speedway,39.9 mi.Harrison Bay State Park, 41.9 mi.Great Smoky Mountains National Park, 48.1 mi.

Land RelatedLand RelatedLot Frontage: 919Zoning Description: CommercialTopography: Gently SlopingSoil Type: Mixed

Available Utilities: ElectricWater Service: MunicipalSewer Type: Municipal

Development opportunity & a 6 unit apartment fully leased!Development opportunity & a 6 unit apartment fully leased!2008 Whitaker Rd & 189 County Rd, Athens, TN 37303

Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

Page 1Page 1

Page 2: Development opportunity & a 6 unit apartment fully leased! athens.pdf · Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun

LocationLocationAddress: 2008 Whitaker Rd & 189 County Rd, Athens, TN

37303County: McMinnMSA: Athens

Property ImagesProperty Images

mini 001

20180124_225219

Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

Page 2Page 2

Page 3: Development opportunity & a 6 unit apartment fully leased! athens.pdf · Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun

20180124_225219

income

survey

lease 001

Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

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Page 4: Development opportunity & a 6 unit apartment fully leased! athens.pdf · Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun

zone 002 zone 003

Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

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zone 004 zone 006

Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

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zone 006 zone 007

Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

Page 6Page 6

Page 7: Development opportunity & a 6 unit apartment fully leased! athens.pdf · Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun

zone 008 zone 009

Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

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Page 8: Development opportunity & a 6 unit apartment fully leased! athens.pdf · Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun

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Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

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Page 9: Development opportunity & a 6 unit apartment fully leased! athens.pdf · Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun

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Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

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Page 10: Development opportunity & a 6 unit apartment fully leased! athens.pdf · Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun

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Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

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Page 11: Development opportunity & a 6 unit apartment fully leased! athens.pdf · Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun

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Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

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Page 12: Development opportunity & a 6 unit apartment fully leased! athens.pdf · Sea Adventure, 16.3 mi.Hiwassee Ocoee State Park, 21.2 mi.The Sequoyah Birthplace Museum, 30.6 mi.Fort Loudoun

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Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

Page 12Page 12

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Property ContactsProperty Contacts

Wendy J ElliottWendy J ElliottStonecrest Properties

386-481-8439 [M]

423-267-1900 [O]

[email protected]

Prepared by Wendy J Elliott, Stonecrest PropertiesSep 6, 2018 on Greater Chattanooga REALTORS®

386-481-8439 [M] 423-267-1900 [O] [email protected] Real Estate License: 278276

© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume anyliability for errors or omissions.

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