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1935 Livingston Way , #1, #2, #3, #4,

Sevierville, TN 37876
  • $2,700,000
  • STATUS: Active Under Contract
  • ON SITE: 178 Days
  • ID#: 243020
Under Contract
$2,700,000
  • 10
    BEDS
  • 13.7
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 5,638
    SQFT
  • $479
    $/SQFT
Neighborhood:
N/A
Type:
Single-Family Home
Built:
1994
County:
Area:

School Ratings & Info

Listing courtesy of Smokies Investors Real Estate & Auc.


Description

8 Cabins on 13 Acres right off the Spur/Parkway with possible 5 to 8 extra building lots. Own a Mountain in the Smokies and create your own retreat! Build a pool amenity with game room & putt putt golf and guest will love it. Five 1 bedroom/1 bath, One Studio, One 2 bedroom/1 bath, and One 2 bedroom/2bath cabins. All cabins have fire pits and Five cabins have magnificent views. If you are looking to self manage, this is a winner. Current owner would be willing to work with new purchaser to teach and take over website. The seller has mastered renting in the Smokies and is willing to share. All cabins need to be cleaned and stained, change out some carpet, updating of furnishings, and smart TV's. Location is the key to the success! Rate of Return at current income is 10.19%. Improve properties and add more cabins to property and watch the income. Yearly /Expenses: Advertising $21,122, Insurance $4,902, Repairs & Maintenance $6,524, Supplies $953, Taxes $3,881, TV/Internet/Utilities $20,240, Pest/Security/Road Maintenance $6,125. Net income of $285,227 for 2020. Water tower supplies all water to all 8 cabins. 13 acres are on two parcels.

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Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2021-12-01T00:15:30.907.
www.realestatewithsuzanne.com/homes/117952299
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1935 Livingston Way , #1, #2, #3, #4, Sevierville, TN 37876

  • Price: $2,700,000
  • Status: Active Under Contract
  • On Site: 178 Days
  • ID#: 243020
10
Beds
9
Baths
0
½ Baths
13.7
Acres
5,638
SQFT
$479
$/SQFT
1994
Built
Neighborhood:
N/A
County:
Sevier
Area:
Pigeon Forge
Property Description
8 Cabins on 13 Acres right off the Spur/Parkway with possible 5 to 8 extra building lots. Own a Mountain in the Smokies and create your own retreat! Build a pool amenity with game room & putt putt golf and guest will love it. Five 1 bedroom/1 bath, One Studio, One 2 bedroom/1 bath, and One 2 bedroom/2bath cabins. All cabins have fire pits and Five cabins have magnificent views. If you are looking to self manage, this is a winner. Current owner would be willing to work with new purchaser to teach and take over website. The seller has mastered renting in the Smokies and is willing to share. All cabins need to be cleaned and stained, change out some carpet, updating of furnishings, and smart TV's. Location is the key to the success! Rate of Return at current income is 10.19%. Improve properties and add more cabins to property and watch the income. Yearly /Expenses: Advertising $21,122, Insurance $4,902, Repairs & Maintenance $6,524, Supplies $953, Taxes $3,881, TV/Internet/Utilities $20,240, Pest/Security/Road Maintenance $6,125. Net income of $285,227 for 2020. Water tower supplies all water to all 8 cabins. 13 acres are on two parcels.
Exterior Features

Access GravelPrivate RoadEasement RoadPaved Construction Wood SidingLogLog Siding Exterior Features DeckLevel Lot Foundation BasementCrawl Space Garage Capacity 0.00 Garage Type None Roof Metal Style CabinLogChalet

Interior Features

Appliances DryerRefrigeratorWasherMicrowaveMicrowave/Range Hood ComboDishwasher Attic None Basement PartialWalk OutFinished-PartialNone Bonus Rooms No Cooling Electric Heat Pump Fireplace ElectricGas Log Heating Electric Heat Pump Interior Features FurnitureW/D ConnectionCeiling Fan(S)Great RoomWhirlpool Sq Ft Above Grade 0 Sq Ft Finished Basement 0 Sq Ft Unfinished Basement 0 Stories OneOne And One Half

Property Features

Annual Tax 3702.33 Construction Type Site Built District 05 Hoa YN No Lot Block Unit 0 Miscellaneous Mountain View Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Rental Off SiteRental History Residential Type Single Family Restrictive Covenants No Sewer Septic Permit Not FoundSeptic Permit On File Tax Year 2019 Water Community SystemShared Well Zoning A-1 Zoning Entity Sevier County

Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Smokies Investors Real Estate & Auc | Office Phone: 8654285700 .

Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2021-12-01T00:15:30.907.
 
https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_2_243020-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_2_243020-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_2_243020-2.jpg
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Suzanne Walls with eXp Realty
200 E Broadway Ave Suite 504
Maryville TN, 37804
Listing courtesy of Smokies Investors Real Estate & Auc.