124 Roaring Fork Rd Gatlinburg, TN 37738

PRICED AT $2,693,000

Listing Details

  • $2,693,000
  • MLS# 1335553
  • Type Multi Unit - Multiple
  • Status Active
  • 3,934 Square Feet
  • 1.120 acres Lot Size
  • 1954 Year Built

Description

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...read more

Features

  • Microwave
  • Refrigerator
  • Other
  • Other, Wall Cooling
  • Tile
  • Other, Electric
  • Built in 1954
View All Features

Contact the Listing Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Microwave, Refrigerator, Other
  • Cooling: Other, Wall Cooling
  • Days on Site: 47
  • Exterior: Frame
  • Flooring: Tile
  • Fuel Type: Electric
  • Heating: Other, Electric
  • Lot Dimensions: 255 X 198 IRR
  • Lot Size: 1.12 Acres
  • Parcel #: 126L D 01000 000
  • Parking: Off-Street Parking, On Premise Parking
  • SQFT Total: 3934
  • Units: 11
  • Year Built: 1954