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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
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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 

Map Locations