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104 Circle Rd. , 106 Circle Rd.

Newport, TN 37821
  • $2,639,000
  • STATUS: Active Under Contract
  • ON SITE: 225 Days
  • ID#: 245468
Under Contract
UPDATED: 192 min ago
$2,639,000
  • 0
    BEDS
  • 9.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,892
    SQFT
  • $121
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2017
County:
Area:

School Ratings & Info

Listing courtesy of Crye-Leike Premier Real Estate, Llc.


Description

Investors Dream! Welcome to Unwind Acres! SEVEN INCOME PRODUCING PROPERTIES! On almost 10 acres with mountain views! Only 24 miles to Downtown Gatlinburg. There are currently 6 rentals on VRBO that are Premier Host with 5 Star ratings! All rentals are sold turn-key! Four rentals sleep up to 4 each. Two rentals sleep up to 2 each. There is also a main house (2432 sq ft) that is currently being lived in by sellers, but can do well on a rental program or can be lived in by owner. In addition to the overnight rentals, there is an adorable chapel, and a HUGE and fully equipped event center that is used for weddings, baby showers, parties, corporate meetings, etc. There is also a community laundry center, that could be turned into another rental or kept as a laundry facility. But wait, there's MORE! There are 10 vacant concrete pads with electric, water, and septic already set for campers or to add additional cabins. Have your guests enjoy the pavilion area that has picnic tables and grills for their use, or the fire pit area to roast marshmallows and stay warm by the fire. A playground is also there for children to be able to enjoy and have lots of fun! Unwind Acres has always been self-managed with very minimal marketing. Projection from a STR company projects the current rental properties to gross approximately $250,000 annually. This projection doesn't even include income for the Event Center or campsites/ more cabins. Possibilities are endless!!!!! Buyer and buyers agent to verify all info. All information obtained from CRS tax records and seller. There are 3 virtual tours available to view.

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Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Century 21 Legacy. Information deemed reliable but not guaranteed. Last updated 2022-05-22T00:15:34.757.
www.smokymountainhomesearch.com/homes/122238127
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104 Circle Rd. , 106 Circle Rd. Newport, TN 37821

  • Price: $2,639,000
  • Status: Active Under Contract
  • On Site: 225 Days
  • Updated: 192 min ago
  • ID#: 245468
0
Beds
0
Baths
0
½ Baths
9.76
Acres
21,892
SQFT
$121
$/SQFT
2017
Built
Neighborhood:
Other
County:
Cocke
Area:
Newport
Property Description
Investors Dream! Welcome to Unwind Acres! SEVEN INCOME PRODUCING PROPERTIES! On almost 10 acres with mountain views! Only 24 miles to Downtown Gatlinburg. There are currently 6 rentals on VRBO that are Premier Host with 5 Star ratings! All rentals are sold turn-key! Four rentals sleep up to 4 each. Two rentals sleep up to 2 each. There is also a main house (2432 sq ft) that is currently being lived in by sellers, but can do well on a rental program or can be lived in by owner. In addition to the overnight rentals, there is an adorable chapel, and a HUGE and fully equipped event center that is used for weddings, baby showers, parties, corporate meetings, etc. There is also a community laundry center, that could be turned into another rental or kept as a laundry facility. But wait, there's MORE! There are 10 vacant concrete pads with electric, water, and septic already set for campers or to add additional cabins. Have your guests enjoy the pavilion area that has picnic tables and grills for their use, or the fire pit area to roast marshmallows and stay warm by the fire. A playground is also there for children to be able to enjoy and have lots of fun! Unwind Acres has always been self-managed with very minimal marketing. Projection from a STR company projects the current rental properties to gross approximately $250,000 annually. This projection doesn't even include income for the Event Center or campsites/ more cabins. Possibilities are endless!!!!! Buyer and buyers agent to verify all info. All information obtained from CRS tax records and seller. There are 3 virtual tours available to view.
Exterior Features

Access County Road Construction Aluminum SidingWood SidingVinyl Siding Garage Capacity 4.00 Garage Type AttachedGarage

Interior Features

Bonus Rooms No Cooling Central AirHeat PumpWall Unit(S)Window Unit(S)Electric Fireplace Insert Heating CentralHeat PumpElectric Number Of Efficiency Units 0 Number Of One Bedroom Units 6 Number Of Three Bedroom Units 1 Number Of Two Bedroom Units 0 One Bedroom Units 1 BathRangeW/D ConnectionRefrigeratorWasher/DryerMicrowavePatio/Porch Sq Ft Unfinished Basement 0 Three Bedroom Units DishwasherRangeW/D ConnectionRefrigeratorWasher/Dryer2 BathFireplacePatio/Porch

Property Features

Annual Tax 1983.39 District 05 Hoa YN No Lot Block Unit N/A Miscellaneous Cable TvFurnishedPlaygroundSeasonal ViewStorageFurnitureSecurity SystemStorage ShedCommunity LaundryMountain ViewHot Tub Multifamily Type Other Multi-Family Occupancy Either Owner Financing No Proposed Financing CashConventional Rental On SiteRental History Restrictive Covenants No Sewer Septic Permit Not FoundSeptic System Tax Year 2020 Water Utility Zoning Residential Zoning Entity Cocke County

Copyright 2022 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Crye-Leike Premier Real Estate, Llc | Office Phone: 4235864115 .

Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Century 21 Legacy. Information deemed reliable but not guaranteed. Last updated 2022-05-22T00:15:34.757.
 
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Century 21 Legacy
3224 East Parkway Gatlinburg
Gatlinburg TN, 37738
Listing courtesy of Crye-Leike Premier Real Estate, Llc.