124 Roaring Fork Rd
Property Description
This income-producing 11 unit portfolio in prime Gatlinburg location ranks as an Airbnb Guest Favorite! Situated on 1+ acres, this property 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) Airbnb Links: - Cottage 1 (4.96 stars with 110+ reviews): - Cottage 2 (4.92 stars with 130+ reviews): - Cottage 3 (4.85 stars with 115+ reviews): - Cottage 4 (4.9 stars with 135+ reviews): - Cottage 5 (4.94 stars with 110+ reviews): - Cottage 6 (4.89 stars with 115+ reviews): - Cottage 7 (4.92 stars with 120+ reviews): - Cottage 8 (4.94 stars with 125+ reviews): - Cottage 9 (4.93 stars with 80+ reviews): - Riverside Bungalow (4.84 stars with 90+ reviews): - Love Nest (4.82 stars with 125+ reviews): 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 gross rental numbers, avg utilities, disclosures, etc.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,680,000 |
| No. of Units: | 11 |
| Year Built: | 1954 |
| Lot Size: | 3,934.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $243,636 |
| Property Website | Click Here |
| Number of Bedrooms: | 11 |
| Number of Bathrooms: | 0 |
ID: 3yd-KAARMLSTN-1335553
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Lenders
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Bob Tuteur
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