124 Roaring Fork Rd, Gatlinburg, TN 37738
124 Roaring Fork Rd, Gatlinburg, TN 37738
124 Roaring Fork Rd, Gatlinburg, TN 37738
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$2,697,000
Est. payment /mo
3,934 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,934 sqft

Price per Sqft $685

MLS Listing ID 1335553

Year Built 1954

Lot Size 1.120 Acres

Acres 1.12

Lot Dimensions 255 X 198 IRR

Source East Tennessee REALTORS® MLS

Property Description

Prime income-producing property in the heart of Gatlinburg! This portfolio includes 11 studio cottages on over 1 acre that generated more than $335k in gross revenue last year.

Features include:
- 11 furnished units
- Cottages 1 & 2 include kitchenette area
- Cottages 3-8 have space to build out kitchenette areas
- King & Queen suites
- AT&T Fiber internet
- Smart TV's
- No HOA
- Incredible location
- Easy drive in/out
- Great guest reviews
- Potential to add/rebuild units that were lost in the 2016 fires (subject to City of Gatlinburg requirements)

Conveniently located to all the top attractions including GSMNP, Roaring Fork Motor Trail, Dollywood, Ripley's Aquarium, Ober Mountain, Anakeesta, The Island in Pigeon Forge, Gatlinburg SkyPark, Forbidden Caverns, Foxfire Mountain Adventure Park, Titanic Museum Attraction, Tanger Outlets shopping and so much more.

Please see Associated Docs for Airbnb links, gross rental numbers, avg utilities, disclosures, etc.

Location

State TN

County Sevier County - 27

Area 48787.0

Rooms

Other Rooms Mstr Bedroom Main Level

Interior

Heating Other, Electric

Cooling Other, Wall Cooling

Flooring Tile

Furnishings true

Window Features Drapes

Appliance Microwave, Refrigerator, Other

Heat Source Other, Electric

Exterior

Exterior Feature Porch - Covered, Shed

Parking Features Off-Street Parking, On Premise Parking

Garage Description Off-Street Parking, On Premise Parking

Roof Type Shingle

Garage No

Building

Faces From Pigeon Forge: take 441 Parkway to Gatlinburg. Left at stop light #3 onto E. Parkway. Right on Roaring Fork Rd. Property on right.

Additional Building Shed

Structure Type Frame

Others

Tax ID 126L D 01000 000

Energy Description Electric

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Listed by Real Broker

NEARBY SCHOOLS & PROPERTIES

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124 Roaring Fork Rd