Investment Opportunity in Pigeon Forge! Located just minutes from the heart of Pigeon Forge is Ridge Top Condos. Privately owned, this complex has eight single rooms and four two room suites. The property is zoned R-2, high-density residential, and is currently connected to the Pigeon Forge sewer system. The condos sit on a 1.2 acre tract that has plenty of room for additional growth and expansion. Many of the local workers use the condos for seasonal housing. The current owners rent on a weekly, biweekly, or monthly basis, and these units stay full year round. If you are looking for rental income with location, location, location, then look no further! Feel free to drive by anytime and inspect the units from the outside.
Multi-familyProperty Type
1999Year Built
$85Price/Sq.Ft.
Listed by Mark Jackson• Jackson Real Estate & Auction
•865-548-4215 (agent)
•markjackson@jacksonjackson.com (agent)
•865-397-4214 (broker)
•markjackson@jacksonjackson.com (broker)
Bought with Bruce Hull• Jackson Real Estate & Auction
Investment Opportunity in Pigeon Forge! Located just minutes from the heart of Pigeon Forge is Ridge Top Condos. Privately owned, this complex has eight single rooms and four two room suites. The property is zoned R-2, high-density residential, and is currently connected to the Pigeon Forge sewer system. The condos sit on a 1.2 acre tract that has plenty of room for additional growth and expansion. Many of the local workers use the condos for seasonal housing. The current owners rent on a weekly, biweekly, or monthly basis, and these units stay full year round. If you are looking for rental income with location, location, location, then look no further! Feel free to drive by anytime and inspect the units from the outside.
REALTRACS as Distributed by MLS Grid #3310738
Sep 12, 2018
Sold
$325,000
$85/sq ft
Jun 29, 2018
Listed
$399,000
$104/sq ft
TVRMLS #367222
Sep 12, 2018
Sold
$325,000
$85/sq ft
Aug 26, 2015
Listed
$399,000
$104/sq ft
Knoxville MLS #937449
Sep 12, 2018
Sold
$325,000
$85/sq ft
Jun 29, 2018
Contingent
—
Jan 16, 2018
Relisted
—
Oct 30, 2017
Pending
—
Aug 20, 2015
Listed
$450,000
$117/sq ft
Aug 20, 2015
Price Changed
$399,000
$104/sq ft
LAAR #563489
Sep 12, 2018
Sold
$325,000
$85/sq ft
Jul 17, 2015
Listed
$399,000
$104/sq ft
GSMAR #165189
Feb 21, 2011
Listed
$349,900
$91/sq ft
Knoxville MLS #532253
Jan 4, 2007
Listed
$550,000
$143/sq ft
Knoxville MLS #438963
Sep 14, 2005
Sold
$475,000
$124/sq ft
Jan 24, 2005
Listed
$490,000
$128/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
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County
Sevier County
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Last updated by owner on Apr 9, 2023.
Property details
Parking
Garage Information
Parking Features: On Premise Parking, Off-Street Parking
Interior
Interior Features
Flooring: Carpet, Vinyl
Exterior
Exterior Features
Construction Materials: Frame
Property Information
Living Area Source: Tax Records
Building Area Total: 3,840
Lot Information
Lot Size Dimensions: irr
Financial
Tax Information
City Taxes: $252
County Taxes: $2,058
Total Tax: $2,310
Utilities
Heating & Cooling
Heating YN: Yes
Heating: Heat Pump, Electric
Cooling YN: Yes
Cooling: Central Cooling
Location
Multi-Family Information
# Of Units Total: 12
Location Information
Directions: From Collier Drive take Ridge Road 1.9 miles to property on right