2215 Buffalo Tr Morristown, TN 37814
9,503 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,503 sqft
Price per Sqft $126
MLS Listing ID 1360218
Year Built 1935
Lot Size 1.950 Acres
Acres 1.95
Lot Dimensions 242x372x137
Source East Tennessee REALTORS® MLS
Property Description
Buffalo Trail Apts are well located on a 2 acre corner lot offering plenty of on-site parking and great road signage with a traffic count of nearly 10,000 cars per day. Additionally, all units are separately metered for water and electric with tenants paying all charges. Buffalo Trail is conveniently located just steps from Walmart, local shops, popular restaurants, Cherokee Lake, US-11E, and I-81. Current ownership has invested over $60,000 in capital improvements over the past 36 months, with additional upside available through interior upgrades, enhanced amenities, and increased rents. With a manageable 17-unit size, established local demand, and opportunities to improve rents, Buffalo Trail Apartments presents an attractive value-add investment in East Tennessee. All showings by appointment only.
Location
State TN
County Hamblen County - 38
Area 84942.0
Rooms
Other Rooms Bedroom Main Level
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Laminate, Tile
Appliance Range, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Deck, Patio
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Composition
Porch true
Garage No
Building
Faces Take I-40 East To Exit 421 North to Bristol. Take exit 8 to Morristown, Merge onto US-25E N, in 9.3 Miles. Make a left on Cherokee Park and then an immediate left onto Buffalo Trail. In approximately .9 miles, apts will be on your right at the NW corner of Buffalo Trace and Wagon Wheel Drive.
Structure Type Stucco,Frame
Others
Tax ID 025 01900 000
Energy Description Electric
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional