Skip To Content

1727 Oakridge View Way

Pigeon Forge, TN 37876
  • $5,999,999
  • STATUS: Active
  • ON SITE: 130 Days
  • MLS #: 243211
UPDATED: 101 min ago
$5,999,999
  • 0
    BEDS
  • 11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,000
    SQFT
  • $500
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1994
County:
Area:

School Ratings & Info

Listing courtesy of Listwithfreedom.Com.


Description

7% CAP Rate $562,646.00 Gross projected Self Managed and $405,051.90 Net Operating income with 20% Management fee on the books for 2021. Now is your chance to own 5 existing vacation rentals with many years of proven income. This 11 acre parcel currently has 5 exquisite cabins, fully furnished and equipped that are just minutes from Dollywood and a short drive to Gatlinburg. Consistently rented - this property also has the opportunity for many more cabins to be built on 2 different parcels. Information provided by taxes. Buyer and buyers agent to verify all square footage, septic system, and other information. This is 5 Cabins on one 10.43 acre Lot. The sale will include 1 additional lot, .69 acres, on the same road for a total of approximately 11 acres. All remodeled and create amazing income. Manage yourself and save the management fees. Lots included in the sale: GIS LINK 078095 15900, 078095M B 00300

Monthly Payment Calculator

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 Nashville on the Move | Keller Williams® Realty. Information deemed reliable but not guaranteed. Last updated 2021-10-24T00:15:30.877.
www.nashvilleonthemove.com/homes/118278531
Print Image

1727 Oakridge View Way Pigeon Forge, TN 37876

  • Price: $5,999,999
  • Status: Active
  • Updated: 101 min ago
  • MLS #: 243211
0
Beds
0
Baths
0
½ Baths
11
Acres
12,000
SQFT
$500
$/SQFT
1994
Built
Neighborhood:
Oakridge
County:
Sevier
Area:
Pigeon Forge
Property Description
7% CAP Rate $562,646.00 Gross projected Self Managed and $405,051.90 Net Operating income with 20% Management fee on the books for 2021. Now is your chance to own 5 existing vacation rentals with many years of proven income. This 11 acre parcel currently has 5 exquisite cabins, fully furnished and equipped that are just minutes from Dollywood and a short drive to Gatlinburg. Consistently rented - this property also has the opportunity for many more cabins to be built on 2 different parcels. Information provided by taxes. Buyer and buyers agent to verify all square footage, septic system, and other information. This is 5 Cabins on one 10.43 acre Lot. The sale will include 1 additional lot, .69 acres, on the same road for a total of approximately 11 acres. All remodeled and create amazing income. Manage yourself and save the management fees. Lots included in the sale: GIS LINK 078095 15900, 078095M B 00300
Exterior Features

Access Private Road Construction FrameBlockStucco Garage Capacity 0.00 Garage Type None

Interior Features

Bonus Rooms Yes Cooling Central Electric Fireplace Electric Heating Electric Baseboard Number Of Efficiency Units 0 Number Of One Bedroom Units 1 Number Of Three Bedroom Units 1 Number Of Two Bedroom Units 1 Sq Ft Unfinished Basement 0

Property Features

Annual Tax 2600.00 District 13 Hoa Includes Other Hoa YN No Lot Block Unit 4 Miscellaneous None Multifamily Type Other Multi-Family Occupancy Either Owner Financing No Proposed Financing FhaVa LoanCashConventional Restrictive Covenants No School Bus Service Pigeon Forge High 9-12Pigeon Forge Middle 5-8Pigeon Forge Primary K-4 Sewer Septic System Tax Year 2019 Water Well Zoning R-1 Zoning Entity Sevier County

Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Listwithfreedom.Com | Office Phone: 8554564945 .

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 Nashville on the Move | Keller Williams® Realty. Information deemed reliable but not guaranteed. Last updated 2021-10-24T00:15:30.877.
 
https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_243211-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_243211-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_243211-2.jpg
Logo
Nashville on the Move | Keller Williams® Realty
4101 Charlotte Ave Suite D160
Nashville TN, 37209
Listing courtesy of Listwithfreedom.Com.