619 Red Bud Lane, Gatlinburg, TN 37738

$614,900
3
BD
3
BA
2,100
SqFt
List Price
$614,900
Price Change
▼ $5,000 1526500002
Status
Active
MLS#
214006
Bedrooms
3
Full-baths
3
Sq. Ft
2,100
Acres
0.68
Year Built
1992
Subdivision
Smoky Heights
Days on Market
114

Property Description

$100,000 Annual Gross Rental Return! Own a Unique, Downtown Gatlinburg Resort that has built-in demand with location & log architecture! Projected to do $100k gross rental income performance in 2018!!! Listen to the River stream from your back porch. Valuable Investment Opportunity: Great performance with Top Cabin Rental Company in the area! Invest in Gatlinburg, The Gateway City to #1 visited National Park in North America! Invest Now! Buy the Mountains, Sell the Beach!!! Own your GATLINBURG Resort less than 1 mile to National Park! This is a MUST-SEE investment opportunity in America's #1 Overnight vacation rental market: Smoky Mountains, TN! Three Studio Cabins only a short walk away to Downtown Gatlinburg or the River for fishing and photography! City Water & Utilties. New Granite countertops, hot tubs, & mattresses installed Summer 2017! Listen to the Pigeon River from your back porch! Great location, great income producer! Incredible Return on Investment with nearly $100k in gross rents! Own your own resort & walk to the Gatlinburg Parkway! Top-rated Rental Company will guarantee $100k per year gross rental return. These THREE charming studio-style honeymoon (O/A) cabins located 1 mile off the Parkway in Gatlinburg, yet close to the downtown area, are an investors dream come true! Each Smoky Mountain cabin features 1 bedroom, 1 bathroom with a fully equipped kitchen. Each true log cabin has a deck with a newer hot tub, flat screen TV, and inviting jacuzzi tub. In the living room you will find a cozy gas log fireplace. These are perfect honeymoon/couple getaway o/a cabins! These are being sold together on one large land parcel and are high-income producing properties with city utilities. Great roads, location, land parcel, rental numbers, city utilities, no HOA fees, marketing, & management in place at Red Bud Resort in Downtown Gatlinburg! View one of the more unique Gatlinburg real estate investment opportunities available on the market today! SEE TODAY!

Additional Information

Price Per Sqft
$292
Days on Market
116
Annual Tax
1351.0
Tax Year
2017
Style
Log
Stories
One
Interior Features
Furniture
Exterior Features
Deck, Surfaced Drive, Wooded
Amenities
Hot Tub
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Construction
Log
Construction Type
Site Built
Roof
Metal
Attic
None
Garage Type
None
Fireplace Type
Gas Log
Heating
Central
Cooling
Central Electric
Sewer
Sewer
Water
Utility
Gross Amount One
95329
Year One
2017

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Calculator source: Real Geeks

Listing courtesy of Mighty Peaks Realty, Llc.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2018 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .