Description
Amazing short term rental opportunity. Price To Sell! Rental projections from multiple management companies of $77-$85,000+ gross. This brand new, 3 bedroom property was built with efficiency and easy maintenance in mind. Located in the foothills of Cosby, this property sits on 1 acre of flat ground with amazing mountain views and options for a number of different outdoor amenities if one so chose. This very private and quiet setting continues to be a draw for guests that want to still be close enough to Gatlinburg/Pigeon Forge but away from the hustle and bustle. Property features 3 full bedrooms and 3 full bathrooms. 2 of the bedrooms are located upstairs and 2 bedrooms have ensuite bathrooms. Open concept living, dining, and kitchen on the main level with ample cabinet and counter top space. Black/stainless appliances with leathered granite countertops through out. The cabins of Majestic View have no restrictions and there is no HOA. They are on well and septic so the only utility costs are electric and digital services. Very low overhead! This is a great opportunity in this changing market to take advantage of a property that has the potential of generating 12-16% ROI (gross rent:purchase price).
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3BEDS
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1.01ACRES
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3BATHS
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01/2 BATHS
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1,960SQFT
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$278$/SQFT
School Ratings & Info
Description
Amazing short term rental opportunity. Price To Sell! Rental projections from multiple management companies of $77-$85,000+ gross. This brand new, 3 bedroom property was built with efficiency and easy maintenance in mind. Located in the foothills of Cosby, this property sits on 1 acre of flat ground with amazing mountain views and options for a number of different outdoor amenities if one so chose. This very private and quiet setting continues to be a draw for guests that want to still be close enough to Gatlinburg/Pigeon Forge but away from the hustle and bustle. Property features 3 full bedrooms and 3 full bathrooms. 2 of the bedrooms are located upstairs and 2 bedrooms have ensuite bathrooms. Open concept living, dining, and kitchen on the main level with ample cabinet and counter top space. Black/stainless appliances with leathered granite countertops through out. The cabins of Majestic View have no restrictions and there is no HOA. They are on well and septic so the only utility costs are electric and digital services. Very low overhead! This is a great opportunity in this changing market to take advantage of a property that has the potential of generating 12-16% ROI (gross rent:purchase price).
Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Prime Mountain Properties | Office Phone: 8654534049 .