2901 W Andrew Johnson Highway, Morristown, TN 37814

$725,000
Sold Price
$725,000
List Price
$849,900
Closing Date
Apr 01, 2024
MLS#
702460
Status
CLOSED
Type
Commercial
City
Morristown
County
Hamblen
Lot Size
40,946
Year Built
2022

Property Description

Introducing a lucrative investment opportunity in Morristown, Tennessee. Situated on almost an acre of land, the site boasts not one, but two new storage buildings, offering a total of 60 units. This property is easily accessible and consists of a well-designed mix of storage units, featuring 6 5x10 units, 50 10x15 units, and 4 10x30 units, catering to various storage needs. The property is entirely fenced in with a gated entrance, providing security and peace of mind for tenants. The self-sufficient nature of the property ensures ease of management and consistent revenue. Located in a high-demand area, these storage buildings present an appealing option for those looking to capitalize on the growing demand for storage solutions. This offering is ideal for individuals, families, and businesses in the area, providing ample space and flexibility to meet diverse storage requirements. With a range of unit sizes and a prime location, this property is poised to deliver strong returns for potential investors.

Additional Information

Lot Description
Level, Paved, Other
Acres
0.94

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Listing courtesy of The Real Estate Depot. Selling Office: .