329-335 Randall Fugate RdSpring City, TN 37381

Property Details for 329-335 Randall Fugate Rd

Lot size

0.68 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 0.68-acre property in Spring City, Tennessee, presents a lucrative investment opportunity. Located at 329-335 Randall Fugate Road, 37381, this land boasts six developed lots, ideally situated near Watts Bar Lake and Arrowhead Marina. The property currently features two established tiny homes and four RV lots, each equipped with 20, 30, and 50-amp hookups and septic service. The existing infrastructure ensures immediate income generation. Beyond the developed lots, the property offers ample open space, perfect for expansion or recreational use, including a designated picnic area. Excellent on-site parking is available, catering to residents and guests. Its proximity to the lake and a public boat launch adds significant appeal. The property's current configuration, combined with its prime location and existing infrastructure, makes it an attractive investment with strong potential for future growth and rental income. This is a rare opportunity to acquire a multi-family residential land parcel with established income streams and significant upside potential in a desirable Tennessee location. The asking price is $239,000.

Location Insight

City

Spring City

County

Rhea

State

Tennessee

Latitude

35.7404

Longitude

-84.756

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