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Address Not Available By Request

Gatlinburg, TN
  • $4,100,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: 313083
UPDATED: 28 min ago
$4,100,000
  • 21
    BEDS
  • 0.01
    ACRES
  • 14
    BATHS
  • 0
    1/2 BATHS
  • 1,550
    SQFT
  • $2,645
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2007
County:
Area:

School Ratings & Info

Listing courtesy of Keller Williams Realty - Knox Premier Prop.


Description

Seven doors. One closing. One area in Gatlinburg. And no HOA. Most investors spend a decade assembling what this portfolio hands you on day one. These properties include: 516 Proffitt Rd Townhomes 1 & 2, 520 Proffitt Rd Townhome 1, 537 Johnson Ln Townhomes 1 & 2, and 541 Johnson Ln Townhomes 1 & 2. Seven short term rental townhomes standing side by side in the Great Smoky Arts & Crafts Community, six miles from the most visited national park in America. Every unit renovated top to bottom in 2026. Every unit is fully furnished. Instead of relying on a single property to produce revenue, this portfolio gives you multiple income-producing units working at the same time. If one unit experiences a vacancy, the others can continue generating cash flow, helping create a more resilient and consistent revenue stream. Every unit is the same: 3 bedrooms, 2 baths, bonus room, roughly 1,500 sq ft, private hot tub, three private balconies opening into the trees with seasonal mountain views. Sleeps 8. This is not a projection on paper. These units are already live, already renting, already earning 5-star reviews, with projected gross revenue of $62,800 per unit and roughly $440,000 across the portfolio. Seven identical doors in one area means one cleaning crew, one maintenance vendor, one pricing strategy, one playbook. Scale without the chaos of scaling. The Smoky Mountain corridor at its highest demand. Walk into cash flow, not a project.

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Copyright 2026 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2026-08-18T10:15:36.977.
www.smokylistings.com/homes/179688473
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Address Not Available By Request Gatlinburg, TN

  • Price: $4,100,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 28 min ago
  • ID#: 313083
21
Beds
14
Baths
0
½ Baths
0.01
Acres
1,550
SQFT
$2,645
$/SQFT
2007
Built
Neighborhood:
None
County:
Sevier
Area:
Sevierville
Property Description
Seven doors. One closing. One area in Gatlinburg. And no HOA. Most investors spend a decade assembling what this portfolio hands you on day one. These properties include: 516 Proffitt Rd Townhomes 1 & 2, 520 Proffitt Rd Townhome 1, 537 Johnson Ln Townhomes 1 & 2, and 541 Johnson Ln Townhomes 1 & 2. Seven short term rental townhomes standing side by side in the Great Smoky Arts & Crafts Community, six miles from the most visited national park in America. Every unit renovated top to bottom in 2026. Every unit is fully furnished. Instead of relying on a single property to produce revenue, this portfolio gives you multiple income-producing units working at the same time. If one unit experiences a vacancy, the others can continue generating cash flow, helping create a more resilient and consistent revenue stream. Every unit is the same: 3 bedrooms, 2 baths, bonus room, roughly 1,500 sq ft, private hot tub, three private balconies opening into the trees with seasonal mountain views. Sleeps 8. This is not a projection on paper. These units are already live, already renting, already earning 5-star reviews, with projected gross revenue of $62,800 per unit and roughly $440,000 across the portfolio. Seven identical doors in one area means one cleaning crew, one maintenance vendor, one pricing strategy, one playbook. Scale without the chaos of scaling. The Smoky Mountain corridor at its highest demand. Walk into cash flow, not a project.
Exterior Features

Attached Garage YN No Construction Materials Wood Siding Fencing [] Garage YN No Lot Features ViewsWooded Parking Features Kitchen LevelOff StreetOn SiteOutsideParking LotPaved Pool Features Hot Tub Road Frontage Type [] Road Surface Type [] View Mountain(s)SeasonalTrees/Woods View YN Yes Waterfront Features []

Interior Features

Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring Luxury Vinyl Heating Central Heating YN Yes Interior Features Additional Living QuartersCeiling Fan(s) Laundry Features In UnitLaundry Closet Window Features Insulated Windows

Property Features

Association Amenities [] Association Fee Includes [] Association YN No Body Type [] Community Features [] Current Use Investment Listing Terms [] New Construction YN No Occupancy Either Other Structures [] Pets Allowed [] Possession Close Of Escrow Property Condition [] Property Sub Type Duplex Restrictive Covenants YN Yes Security Features [] Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 924.24 Tax Year 2025 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Source Public Zoning R-2 Zoning Entity Sevier County

Copyright 2026 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Keller Williams Realty - Knox Premier Prop | Office Phone: 865-694-5904 .

Copyright 2026 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2026-08-18T10:15:36.977.
 
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Colonial Real Estate
1380 Dolly Parton Parkway
Sevierville TN, 37862
Listing courtesy of Keller Williams Realty - Knox Premier Prop.