Description
Looking for an investment opportunity with potential for significant tax benefits? Look no further than this lot with the option to build a 10+ bedroom cabin in The Lodges at Reedmont, a premier short-term rental and opportunity zone development! One of 2 of these large lots still available in Phase 1! This development offers easy access with city utilities and no steep roads, making it the perfect location for a short-term rental. The lot can accommodate a 10+ bedroom cabin that can accommodate large groups, making it an attractive option for family reunions, corporate retreats, and group vacations with wooded views. Located less than 5 minutes from Soaky Mountain Water Park and the Sevierville Convention Center, and only 15 minutes to Pigeon Forge, The Lodges at Reedmont offer an unbeatable location! And, as an opportunity zone development, investors have the potential to enjoy significant tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. Don't miss out on this rare investment opportunity in a prime location!
-
0BEDS
-
0.11ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Looking for an investment opportunity with potential for significant tax benefits? Look no further than this lot with the option to build a 10+ bedroom cabin in The Lodges at Reedmont, a premier short-term rental and opportunity zone development! One of 2 of these large lots still available in Phase 1! This development offers easy access with city utilities and no steep roads, making it the perfect location for a short-term rental. The lot can accommodate a 10+ bedroom cabin that can accommodate large groups, making it an attractive option for family reunions, corporate retreats, and group vacations with wooded views. Located less than 5 minutes from Soaky Mountain Water Park and the Sevierville Convention Center, and only 15 minutes to Pigeon Forge, The Lodges at Reedmont offer an unbeatable location! And, as an opportunity zone development, investors have the potential to enjoy significant tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. Don't miss out on this rare investment opportunity in a prime location!
Copyright 2023 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Local Realty Group | Office Phone: 8653661023 .