Investment & Development Opportunity - East TennesseeRare opportunity to acquire a partially developed residential community in the growing East Tennessee market. This unique property offers substantial infrastructure already in place along with significant potential for completion, expansion, and long-term income generation.The development is designed to accommodate approximately 84 residential sites, with several sites currently completed and additional room for future expansion. Planning and permitting work has already been completed, providing a strong foundation for an investor or developer to continue the project without starting from the ground up.Once completed and stabilized, the community offers the potential for a strong recurring revenue stream through monthly site rentals. This is an opportunity to step into an established development project, complete the remaining infrastructure, and create a sizeable income-producing community in East Tennessee.Highlights include:* Approximately 84 planned residential sites* Two completed sites* Existing development and infrastructure improvements* Planning/permitting work already completed* Planned reoccurring monthly lot-rental income* Opportunity to complete and customize the remaining development or have the project manager stay on to complete the current vision. * East Tennessee location with access to the region's growing residential and tourism markets**Confidential offering.** Additional property details, location information, development plans, financial projections, and supporting documentation are available to qualified buyers upon request. Proof of funds or financial qualification may be required prior to release of confidential information, along with NDA.Buyer and buyer's representatives to independently verify all information.
Listed By
Agency Name: Tennessee Tuesdee Real Estate
Agency Phone: 423-243-4445
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone:
Estimated Payment
$ 5,034.21 per month $4,450.91 Principal & Interest $0.00 Property Tax (data not provided by mls) $583.30 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
| MLS# 9999998
This land located at , Bean Station, TN 37708 is currently listed for sale with an asking price of $1,999,900. The property has approximately 38.00 Acres. Search 205 - Grainger County real estate on www.crye-leike.com today.