Courtesy: Alco Builders & Realty Co
423-562-0638
🏢 INVESTMENT OPPORTUNITY IN THE HEART OF LAFOLLETTE! 🏢 Looking to add a multi-family property to your investment portfolio? This 9-unit apartment complex offers an excellent opportunity in a convenient LaFollette location! 🏠 9 Total Units • 8 units - 1 Bedroom / 1 Bathroom • 1 unit - 2 Bedrooms / 1 Bathroom 📍 GREAT LOCATION Located less than a minute from downtown LaFollette, giving tenants quick access to local restaurants, shopping, and everyday conveniences. ⛳ Just 5 minutes from the local country club, featuring a swimming pool and 9-hole golf course. With multiple income-producing units and a location close to downtown amenities and recreation, this property could be a great addition to an investor's portfolio. 📩 Message me for additional information, pricing, or to schedule a private showing! 402 E Forrest St • LaFollette, TN
Courtesy: United Real Estate Solutions
865-444-2400
Remodeled 7-Unit Opportunity -- Two-Building Complex in Prime Norris Lake Area Investors, don't miss this turnkey income property with strong upside. This recently updated, two-building, 8-unit complex combines modern finishes with a hassle-free management profile -- ideal for multifamily portfolios or short-term rental operators looking to scale quickly. Highlights: - Eight fully renovated units across two buildings, thoughtfully updated for durability and market appeal. - Immediate cash flow: active rentals in place with attractive historical occupancy; excellent potential to increase rents or convert additional units to short-term stays. - Outstanding location: minutes from Norris Lake and close to ATV trails, camping, boating and outdoor recreation -- a major draw for vacationers and outdoor enthusiasts. - Excellent accessibility: conveniently located off the interstate with quick access to Lafollette, TN amenities including shops, dining, and services. - Investment-friendly pricing designed to facilitate a smooth transaction and fast close. Why this works for investors: - Dual use potential -- stable long-term rental income now, with strong seasonal demand for STRs. - Recent renovations reduce near-term capex and lower maintenance headaches. - Location draws both local renters and short-term guests year-round thanks to nearby recreation and easy highway access. This property is priced to move and presents a rare combination of current income, reduced immediate expense, and proven demand drivers. Contact me today to schedule a showing.
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Lafollette is located in Tennessee. Lafollette, Tennessee has a population of 3,692.
The median household income in Lafollette, Tennessee is $38,577. The median household income for the surrounding county is $46,110 compared to the national median of $69,021. The median age of people living in Lafollette is 38.8 years.
The average high temperature in July is 86.8 degrees, with an average low temperature in January of 24.7 degrees. The average rainfall is approximately 51.9 inches per year, with 6.4 inches of snow per year.
