1. Tennessee
  2. Morristown
  3. 305-365 Barkley Landing Drive
$2,700,000

305-365 Barkley Landing Drive, Morristown, TN 37813

  • 12,801 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $211/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Brand New Construction Multi-Family Investment Property - 12 Fully Leased Units in Morristown, TN Introducing an outstanding investment opportunity with three newly built 4-unit apartment buildings in the thriving market of Morristown, Tennessee. Completed in 2024, this brand new construction multi-family asset features 12 spacious, tenant-occupied units offering immediate income and long-term growth potential. Each unit boasts a well-designed 3-bedroom, 2-bathroom floor plan with 1,054 square feet of living space, offering modern interiors, open layouts, and durable finishes. Every building includes one ADA-compliant, handicap-accessible unit, enhancing accessibility and broadening tenant appeal. Property Highlights: - Total of 12 units (3 buildings with 4 units each) - Each unit: 3 bedrooms / 2 bathrooms / 1,054 sq. ft. - One handicap-accessible unit per building (3 total) - Fully leased - stabilized with immediate rental income - Completed in 2024 - low-maintenance, turnkey investment - Located in a strong rental market with continued growth Pro forma available upon request. Whether you're a seasoned investor or entering the multifamily space, this property offers a unique chance to own high-quality, newly constructed units with strong occupancy in a desirable location. Seize this opportunity to add a stable, income-producing asset to your portfolio in one of East Tennessee's most promising rental markets. Information contained in this listing is deemed reliable. Buyer to independently verify and perform due diligence to confirm information is accurate.

Listing Status:
Active
Date Added:
June 14, 2025 at 05:00AM
Listing Office:
Prime Mountain Properties : 865-453-4049
MLS ID:
1304724
  • General: Pantry
  • Appliances: DishwasherMicrowaveRangeRefrigeratorSelf Cleaning Oven
  • Flooring: Other
  • A/C: Central CoolingCeiling Fan(s)
  • Heating: CentralElectric

This listing courtesy of Prime Mountain Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lincoln Heights Elementary School

215 Lincoln Ave, Morristown, TN, 37813

Grades PK-5

0.46 miles away

L

Lincoln Heights Middle School

219 Lincoln Ave, Morristown, TN, 37813

Grades 6-8

0.47 miles away

M

Morristown West High School

1 Trojan Trl, Morristown, TN, 37813

Grades 9-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.