HIGHWAY 107 UNICOI, TN 37692

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

Beautiful Dream Site with a 5,100 sq ft home(s) on 1.88 acres of opportunity! Own your own slice of Limestone Cove area heaven (seller willing to owner finance)! Located right on the North Indian Creek River, there has been $30k put into the start of the creation of a Micro RV/Tiny Home Park. With several rv/tiny home lots already created near the river, septic and water lines placed underground; buyer will be responsible for the completion of running utilities to the spots and connecting the septic field. There is a separate water and electrical meter for the lots and the house. There are 2 50 amp plugs on the back of the building that can power 2 RVs currently. This property boasts over 109 ft of road frontage. With many possibilities to create your dream establishment, this stunning property now is completed with 3 constructed townhomes (completion date January 2024). Two of the townhomes (rented for $1350/month each) include 2 bedrooms, 2 full bathrooms. The lower level has kitchen, living room, 1 bedroom and 1 bathroom. Upstairs is 1 bedroom, 1 non-conforming office/room, living room, and 1 bathroom - complete with high ceilings! The entry to townhomes are through the main foyer adding extra security and direct access to the laundry room. The garage loft (rented for $1750/month) is a 1 bedroom also with a HUGE loft area and Kitchen, dining room and bedroom on main level with the Garage entrances that are 12 feet. It is the perfect set up for either short-term rentals or long-term tenancy... Anyone say wedding venue? With an already established and fully fenced in separate yard, it is an added bonus for an optional ''dog'' park or area for future playground structure. The option is yours. There is also a shed on the property for added storage, and a laundry center, in the main building, available for all tenants/guests to use as well. Don't let this potential income producing, property pass you by! The property has a brand new septic installed (Nov 2023).