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INCOME PRODUCING PROPERTY WITH EXPANSION OPPORTUNITY
2,800 building on a corner lot. zoned c2
Located at 2008 Whitaker Rd & 189 County Rd, Athens, TN 37303
Property Size:
5 acres
Available Space:
6 unit apartments
Sale Price:
850,000
Description:
A diamond on the hill! Location, Location, Location. The property brings in income from a 6 unit apartment, and billboard. Beautiful rolling hill that over looks the interestate at a 240 degrees. It is a pensulia that is visiable from the interstate from all three sides of the property. Owner has completed all the due dilligence and is ready to turn that over to a buyer. Walk into a ready to go climate control business and it can be built by the new buyer or the owner will arrange a build to suit. You have access from Decatur Rd right off the interstate by the new Burger King and the drive curves around to the property. Two owners working together to have a fantasitc development opportuntiy.5.52 acres for the hill and apartments and the property adjacent to Burger King is a separate parcel listed for $225,000. Listing for this property is attached to the documents. The income for the apartments is $40,000 a year and the Billboard brings in approximately $4,000 a year. This gives the buer to have an opportunity to have money coming in while developing the property. An onsite manager can stay at the apartment. The Motel 6 is on the outer edge of the property and has a lease with the easment the new buyer will own for ingress and egress on the easment coming into the property. Call for more information. Wendy Elliott 386-481-8439
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Downloadable Documents (click to view)
Wendy Elliot (wendy@stonecrestproperties.com)
