RV Park/Self Storage/Multi-Family Rentals - Norris Lake, TN

107 Lay Hollow Road, Sharps Chapel, TN 37866

  • For Sale $3,550,000
  • Property Type Other
  • Property Size 1 SF
  • Lot Size 14 Acre
  • Date Updated Jan 23, 2025
Norris Lake, TNRV Park & Self Storage: $185K NOI | 7.14% CAP. 14+/- acres with 43 RV pads, all with annual leases and fully occupied by full-time residents, plus 52 self-storage rental units also fully occupied and private coin operated laundry facilities. Existing acreage can support an additional ~30 RV pads. Adjacent acreage also available for significant potential for further development or expansion. Located ½ mile from Norris Lake, 15 mins to Maynardville & Tazewell, and approx. 1 hour to Sevierville, Pigeon Forge & Gatlinburg. Multi-family Rentals & Storage: NOI $78,095 | 8.22% CAP. 4 lots for a total 2.07+/- acres with a 5 unit apartment complex, 2 houses and 3 trailer rental properties. A coin operated laundry facility and 5 self-storage units enhancing convenience for tenants and providing additional income. This investment promises stable rental returns.
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Contacts

broker
Sam Griffin, CBI

eXp Commercial

Location

Getting Around

  • Bike Score ®

    6/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Sharps Chapel, TN
  • Neighborhood Sharps Chapel
  • Zip Code 37866
  • Market Knoxville

Points of Interest

  • BP

    3.07 miles

  • Food City Gas 'N Go

    6.57 miles

  • Sunoco

    7.65 miles

  • Exxon

    7.66 miles

  • Bubba Brew's Sports Bar & Grill

    2.18 miles

  • Domino's

    6.58 miles

  • Subway

    6.89 miles

  • Little Caesars

    8.59 miles

  • Hardee's

    8.85 miles

  • McDonald's

    9.00 miles

  • Union School

    0.16 miles

  • Sharps Chapel Elementary School

    0.72 miles

  • Irwin School

    2.63 miles

  • Lakeview School

    3.39 miles

  • Lake View School

    3.55 miles

  • Edwards School

    3.77 miles

  • Brock School

    3.99 miles

  • Cedar Grove School

    4.25 miles

  • Chestnut Grove School

    4.39 miles

  • Kettle Hollow School

    4.86 miles

Frequently Asked Questions

How much does RV Park/Self Storage/Multi-Family Rentals - Norris Lake, TN cost?

The space currently listed for sale at RV Park/Self Storage/Multi-Family Rentals - Norris Lake, TN asks for $3,550,000.

What is the total square footage of RV Park/Self Storage/Multi-Family Rentals - Norris Lake, TN?

RV Park/Self Storage/Multi-Family Rentals - Norris Lake, TN totals 1 square feet.

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Contact Listing Broker
broker
Sam Griffin, CBI

eXp Commercial

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