1235 New Lake Rd, Spring City, TN 37381
$230,000+/Unit
Commercial property for sale
Added: 06/28/2012
Last Update: 07/19/2012
1235 New Lake Rd
Spring City, TN
37381 US
Contact info
- 865-246-1331 [Office]
Description
LAKEFRONT DEVELOPMENT/INVESTMENT OPPORTUNITY!!! Located in Spring City Tennessee, this 4.26 acre property is located on Watts Bar Lake and perfect for Multi-family investment or individual condo sales. There are currently 10 completed condos (each with 3BR/3BA in roughly 2,000 square feet) with high end finishes. 20 additional building sites planned with infrastructure in place. Currently there is a ten slip covered boat dock with additional space for future development (369 feet of lake front). There is a large open recreation area with planned gazebo located on the lower end of the property between the lake and the housing units. Building price details: $2,300,000.
Property Details
- Building Name:Taylor's Landing
- Type: Multifamily
- Status: Available
- MSA: Knoxville
- Buildings: 1
Terms
- Cash to Seller