Gatlinburg, TN 37738 · Sevier County
92 days on market · MLS# 1335553
Home Facts
—
Beds
—
Baths
3,934
Sqft
1.12 ac
Lot
About This Property
Prime income-producing property in the heart of Gatlinburg! This portfolio includes 11 studio cottages on over 1 acre that generated more than $335k in gross revenue last year. Features include: - 11 furnished units - Cottages 1 & 2 include kitchenette area - Cottages 3-8 have space to build out kitchenette areas - King & Queen suites - AT&T Fiber internet - Smart TV's - No HOA - Incredible location - Easy drive in/out - Great guest reviews - Potential to add/rebuild units that were lost in the 2016 fires (subject to City of Gatlinburg requirements) Conveniently located to all the top attractions including GSMNP, Roaring Fork Motor Trail, Dollywood, Ripley's Aquarium, Ober Mountain, Anakeesta, The Island in Pigeon Forge, Gatlinburg SkyPark, Forbidden Caverns, Foxfire Mountain Adventure Park, Titanic Museum Attraction, Tanger Outlets shopping and so much more. Please see Associated Docs for Airbnb links, gross rental numbers, avg utilities, disclosures, etc.
Property Details
Construction
frame
Heating
other, electric
Cooling
wall unit(s), other
Flooring
tile
Appliances
refrigerator, microwave, other
Patio / Porch
porch - covered
Parking
on premise parking, off street
Market Snapshot
30-Yr Fixed Rate
6.43%
National avg · FRED / Freddie Mac
Est. Monthly Payment
$13,483
20% down · 30-yr fixed · principal & interest only
Location
124 Roaring Fork Rd, Gatlinburg, TN 37738
Gatlinburg, TN 37738
35.71640, -83.50079
$683 per sqft
Schools
School information isn’t available for this listing right now.
Walkability
47
Walk
Car-Dependent
—
Transit
N/A
18
Bike
Minimal Biking Infrastructure