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About This Home
This 11-bedroom, 0-bathroom residential multi family at 124 Roaring Fork Rd in Gatlinburg, TN is listed for $2,699,000 ($686 per sqft). Built in 1954, the home offers 3,934 sqft of living space on a 1.12 acres lot.
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, Anakeest
a, 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.
Key Features
- Built in 1954
- 1.12 acre lot
Property Details
Amenities
Monthly Cost Estimate
$14,435/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
124 Roaring Fork Rd
Gatlinburg, TN 37738
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 11-bedroom, 0-bathroom residential multi family at 124 Roaring Fork Rd is listed at $2,699,000 ($686/sqft). The estimated monthly payment is $11,696 based on 20% down at 6.5% interest.
Key features include: Built in 1954, 1.12 acre lot.
This property is listed by Holly Roach and can be reached at 8656809953 or hollyroachhomes@gmail.com.