Description
NO CONSTRUCTION LOAN NEEDED for this 5 bedroom 4 bath and 2 half bath indoor pool cabin is a cash flow monster! This package will come turn-key (with kitchen appliances) with everything you might need to drive the maximum ROI possible. A 50K furniture allowance will be provided as a part of our extended marketing package, that is $10,000 per bedroom. This is a pre-construction land/cabin package, buyer should obtain construction loan, unless paying with cash. Renderings and floor plan shown. With projected annual rental income of $170,000+ this cabin is a no-brainer for a savvy investor looking to add a cash flowing asset to their portfolio. This cabin is located in one of the most popular developments in the Wears Valley area, it has a fishing pond available to all residents and breath taking views of the surrounding mountains and valleys! It doesn't get much better than that! Conveniently located just a scenic 30 minute drive from the hearts of both Gatlinburg and Pigeon Forge it is in a prime location for anyone looking to take advantage of all the Smokies have to offer! The builder is able to finance and carry this build with 20% down! So you do not have to worry about going through the process of getting a construction loan. The builder will carry all the risk of the ever changing material costs and other associated risks. Upon completion the buyer can close with an easier to obtain convention loan format.
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5BEDS
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2.45ACRES
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4BATHS
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21/2 BATHS
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3,000SQFT
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$533$/SQFT
School Ratings & Info
Description
NO CONSTRUCTION LOAN NEEDED for this 5 bedroom 4 bath and 2 half bath indoor pool cabin is a cash flow monster! This package will come turn-key (with kitchen appliances) with everything you might need to drive the maximum ROI possible. A 50K furniture allowance will be provided as a part of our extended marketing package, that is $10,000 per bedroom. This is a pre-construction land/cabin package, buyer should obtain construction loan, unless paying with cash. Renderings and floor plan shown. With projected annual rental income of $170,000+ this cabin is a no-brainer for a savvy investor looking to add a cash flowing asset to their portfolio. This cabin is located in one of the most popular developments in the Wears Valley area, it has a fishing pond available to all residents and breath taking views of the surrounding mountains and valleys! It doesn't get much better than that! Conveniently located just a scenic 30 minute drive from the hearts of both Gatlinburg and Pigeon Forge it is in a prime location for anyone looking to take advantage of all the Smokies have to offer! The builder is able to finance and carry this build with 20% down! So you do not have to worry about going through the process of getting a construction loan. The builder will carry all the risk of the ever changing material costs and other associated risks. Upon completion the buyer can close with an easier to obtain convention loan format.
Copyright 2022 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Tn Smoky Mtn Realty, Llc | Office Phone: 8652802569 .