107 Lay Hollow Rd, Sharps Chapel, TN 37866

Sharps Chapel
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
107 Lay Hollow Rd,Sharps Chapel, TN 37866
$2,700,000
  • - Beds
  • - Baths
  • 1,624 sq. ft.
  • Multi-family
  • Active
Listed by: tony puglisi, drew lekowski
Office: mrg realty partners
MLS#:3250984
Source:NASHVILLE

Price summary

  • Price:$2,700,000
  • Price per sq. ft.:$1,662.56

About this home

Rare mixed-use investment portfolio featuring two income-producing assets in Union County, TN, located approximately 10 minutes apart. This diversified investment includes campground/RV income, multifamily, self-storage, residential rentals, and ancillary revenue with immediate upside and future expansion potential. Portfolio now offered at $3,800,000. The seller has agreed to complete the current expansion as part of the sale, including 14 new campground pads at Sharps Chapel and 7 new camper/RV pads at the Maynardville property. Upon completion, projected annual NOI increases by $138,600 to approximately $491,424, representing a 12.93% projected cap rate at the asking price. Sharps Chapel Campground (107 Lay Hollow Rd) features 43 long-term campground sites, 52 self-storage units, an on-site laundromat, and a 1,624 SF (3BR/1BA) home. The campground is approximately 90% occupied with stable long-term tenants. The included 14-pad expansion is currently under construction, and the...

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Home facts

  • Year built:1963
  • Subdivision & Development:None
  • Listing ID #:3250984
  • Added:94 day(s) ago
  • Updated:September 29, 2026 at 02:25 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:1,624 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Steel
  • Year built:1963
  • Building area:1,624 sq. ft.
  • Construction Materials:Frame
  • Levels:1 Story

Schools

  • High school:Union County High School
  • Middle school:H Maynard Middle School
  • Elementary school:Sharps Chapel Elementary

Utilities

  • Water:Private, Water Available
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$2,700,000
  • Price per sq. ft.:$1,662.56
  • Tax amount:$3,627

Parking

  • Total parking spaces:44
  • Parking description:Detached, Gravel
  • Carport spaces:1
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