Description
Top of Townsend successful STR business 8 unique furnished turnkey cabins situated on 20.86 acres secluded retreat with hiking trails & panoramic mountain views of Great Smoky Mountains National Park. Proximity to Gatlinburg, Pigeon Forge, river tubing, miles of bike trails & happenings around Sevierville TN. Thriving on property management program, YR-1 rental income $280K, current YR bookings already at $200K and all major updates have been completed on 8 cabins including arcade games $20K, hot tubs $52K, excavation $20K, bear proof steel trash bins $5K, new plumbing lines throughout $15K, HVAC Split Units $25K, stackable W/Ds $10K, fire pits, each cabin has its own propane tank fireplaces could convert from wood to LP with ease. Additional structures on 20.86 acres is 9th cabin which is largest cabin, barn, and pavilion all part of future phases. Projected revenues of 9th cabin $180-225K, barn event venue $200K+, pavilion convert to 1-2 bedroom rental $35K. Multiple additional income generating building sites across secluded acres for treehouse cabins with endless potentials for swimming pool, community fire pit etc. Do NOT enter property unless coordinated through listing realtor & represented by realtor as this disrupts guests' personal vacation!
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0BEDS
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20.86ACRES
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0BATHS
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01/2 BATHS
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9,962SQFT
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$376$/SQFT
School Ratings & Info
Description
Top of Townsend successful STR business 8 unique furnished turnkey cabins situated on 20.86 acres secluded retreat with hiking trails & panoramic mountain views of Great Smoky Mountains National Park. Proximity to Gatlinburg, Pigeon Forge, river tubing, miles of bike trails & happenings around Sevierville TN. Thriving on property management program, YR-1 rental income $280K, current YR bookings already at $200K and all major updates have been completed on 8 cabins including arcade games $20K, hot tubs $52K, excavation $20K, bear proof steel trash bins $5K, new plumbing lines throughout $15K, HVAC Split Units $25K, stackable W/Ds $10K, fire pits, each cabin has its own propane tank fireplaces could convert from wood to LP with ease. Additional structures on 20.86 acres is 9th cabin which is largest cabin, barn, and pavilion all part of future phases. Projected revenues of 9th cabin $180-225K, barn event venue $200K+, pavilion convert to 1-2 bedroom rental $35K. Multiple additional income generating building sites across secluded acres for treehouse cabins with endless potentials for swimming pool, community fire pit etc. Do NOT enter property unless coordinated through listing realtor & represented by realtor as this disrupts guests' personal vacation!
Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Exp Realty, Llc Nashville | Office Phone: 8885195113 .