realty-smokies

1705 Ogle Road, Gatlinburg, TN 37738

$3,725,000
Property Type: Commercial Sale Square Footage: 20,420 Lot Size (sq. ft.): 61,855 Status: Closed
Current Price: $3,725,000 List Date: 6/05/2024 Last Modified: 12/01/2025

Overview

Description

We are pleased to exclusively present Ogle Townhomes. These 21 units are 100% occupied and centrally located in Gatlinburg, Tennessee. Gatlinburg is known as the gateway to the Great Smoky Mountains National Park, the most visited national park in the United States. The property is currently operated as traditional apartments, but the zoning allows for short term rentals as well. The property has historically been fully occupied and there is ability to further increase rents. There are laundry facilities on site. Each unit is separately metered for electric and water is on one meter, however that expense will be billed back for any new leases executed.

Listing Details MLS# 301385

General Property Information

Stories Total
2
Lot Size Acres
1.42
Lot Size Source
Public Records
Living Area
20420
Parking Total
40
Year Built
2004
Bonus Room YN
No
List Price/SqFt
192.95
Sold Price/SqFt
182.42

Property Features

Construction Materials: Frame Cooling: Central Air Documents Available: Aerial Photo; Financial Statement; Survey Flooring: Laminate; Vinyl Heating: Central Levels: Two Listing Terms: Cash; Conventional Parking Features: On Site; Paved Possession: Close Of Escrow Possible Use: Multi-Family Water Source: Public Showing Considerations: Occupied Showing Requirements: Call Listing Agent

Location Tax and Legal

Street Number
1705
Street Name
Ogle
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Multi Family
MLS Area Major
Gatlinburg
Subdivision Name
None

Contract Information

Original List Price
3990000
Listing Contract Date
2024-06-05
Auction YN
No
Owner Name
1705 Ogle Ventures LLC
Listing Agreement
Exclusive Right To Sell
Association YN
No

Remarks and Miscellaneous

Public Remarks
We are pleased to exclusively present Ogle Townhomes. These 21 units are 100% occupied and centrally located in Gatlinburg, Tennessee. Gatlinburg is known as the gateway to the Great Smoky Mountains National Park, the most visited national park in the United States. The property is currently operated as traditional apartments, but the zoning allows for short term rentals as well. The property has historically been fully occupied and there is ability to further increase rents. There are laundry facilities on site. Each unit is separately metered for electric and water is on one meter, however that expense will be billed back for any new leases executed.
Directions
From Gatlinburg travel on 321 towards Cosby to Left on Mills Park Rd to Left on Ogle Rd see apartments.

Status Change Information

Major Change Timestamp
2024-10-01T13:00:51Z
Major Change Type
Status Change
Price Change Timestamp
2024-07-08T19:42:37Z
Status Change Timestamp
2024-10-01
Purchase Contract Date
2024-08-07
Close Date
2024-09-30
Close Price
3725000
Buyer Financing
Other
Anticipated Closing Date
2024-09-27

More Information

Unit Details

Number Of Units Leased
21

Location, Tax, and Legal

City/County
City
Restrictive Covenants YN
No
Zoning
R2
Zoning Entity
Sevier
Parcel Number
118 026.01
Tax Lot
/2
Tax Annual Amount
7302.08
Tax Year
2023

Construction Materials

Frame
Yes

Cooling

Central Air
Yes

Documents Available

Aerial Photo
Yes
Financial Statement
Yes
Survey
Yes

Flooring

Laminate
Yes
Vinyl
Yes

Heating

Central
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Water Source

Public
Yes

Possible Use

Multi-Family
Yes

Showing Considerations

Occupied
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Office: SVN I Wood Properties
Last Updated: December - 01 - 2025
Information deemed reliable but not guaranteed.