Description
*Multiple Offers. Highest and best due by Sunday, May 7th 2023 at 6pm.* Check out this cash flowing STR cabin! Great investment opportunity with no HOA and minimal overhead. This property consistently generates returns at 14-17% based on the gross income:list price. These are great numbers and hard to achieve in todays market. Property does amazing on AirBnb with almost 200 reviews. The cabin sits on just over an acre of usable land. The outdoor area has a great putt putt golf course that guest love, horseshoes, and a fire-pit to sit around on a cool night. The property features 1 bedroom and 2 full baths. The main level offers a full kitchen with granite counter tops, living room with stacked stone gas fireplace, Coffee table/foosball combo, sit-down multicade game system, and the bedroom and full bath. The upstairs area offers a pool table, trundle bed that provides two twin mattresses, flat screen TV, and full bathroom. The outdoor deck space features the covered hottub area, flat screen TV, and additional seating. This property generates 90-100k in gross rents for both 2021 and 2022 and has a great following. **The grandfather clock DOES NOT convey in the sale**
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1BEDS
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1.02ACRES
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2BATHS
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01/2 BATHS
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1,376SQFT
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$418$/SQFT
School Ratings & Info
Description
*Multiple Offers. Highest and best due by Sunday, May 7th 2023 at 6pm.* Check out this cash flowing STR cabin! Great investment opportunity with no HOA and minimal overhead. This property consistently generates returns at 14-17% based on the gross income:list price. These are great numbers and hard to achieve in todays market. Property does amazing on AirBnb with almost 200 reviews. The cabin sits on just over an acre of usable land. The outdoor area has a great putt putt golf course that guest love, horseshoes, and a fire-pit to sit around on a cool night. The property features 1 bedroom and 2 full baths. The main level offers a full kitchen with granite counter tops, living room with stacked stone gas fireplace, Coffee table/foosball combo, sit-down multicade game system, and the bedroom and full bath. The upstairs area offers a pool table, trundle bed that provides two twin mattresses, flat screen TV, and full bathroom. The outdoor deck space features the covered hottub area, flat screen TV, and additional seating. This property generates 90-100k in gross rents for both 2021 and 2022 and has a great following. **The grandfather clock DOES NOT convey in the sale**
Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Prime Mountain Properties | Office Phone: 8654534049 .