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Listed by Matt Castle • eXp Realty
$ 450,000
Est. payment | /mo
2 Beds
2 Baths
1,008 SqFt
$ 450,000
Est. payment | /mo
2 Beds
2 Baths
1,008 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $446
MLS Listing ID 3601772
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1948
Annual Tax Amount $616
Lot Size 2.510 Acres
Acres 2.51
Property Description
PROVEN SELF-MANAGED STR with Trailing Twelve Month revenue of $62,098 ! ! !
The property has gone extensive renovations to make it a top performer at this price point with a PRICE TO GROSS INCOME ratio of 7.3!!!
STR Permit in hand and attached to MLS docs.
The property is a one level rancher with 2BR & 2BA and lots of usable outdoor space for investors who do not want a cabin in a compact subdivision where guests complain about feeling cramped or they could hear their neighbors having a normal volume conversation.
All the modern luxuries like high speed internet and wifi, smart TVs with plenty of streaming services to choose from, an arcade game with 1900+ games to entertain the kids & big kids alike and an EV charger.
Very few STRs are truly TURNKEY, but this one can be taken over as as close to TURNKEY as possible...
This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations with an acceptable offer and agreed upon in writing by both Buyer and Seller.
Seller can give the Buyer their CLEANERS, any HANDYMEN & CONTRACTORS and any other vendors they use to self-manage from afar.
PHOTOS can potentially be RELICENSED from their photographer, at a greatly reduced rate by the way, if a new owner wants re-use the current listing photos by contacting the photographer directly.
The property has gone extensive renovations to make it a top performer at this price point with a PRICE TO GROSS INCOME ratio of 7.3!!!
STR Permit in hand and attached to MLS docs.
The property is a one level rancher with 2BR & 2BA and lots of usable outdoor space for investors who do not want a cabin in a compact subdivision where guests complain about feeling cramped or they could hear their neighbors having a normal volume conversation.
All the modern luxuries like high speed internet and wifi, smart TVs with plenty of streaming services to choose from, an arcade game with 1900+ games to entertain the kids & big kids alike and an EV charger.
Very few STRs are truly TURNKEY, but this one can be taken over as as close to TURNKEY as possible...
This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations with an acceptable offer and agreed upon in writing by both Buyer and Seller.
Seller can give the Buyer their CLEANERS, any HANDYMEN & CONTRACTORS and any other vendors they use to self-manage from afar.
PHOTOS can potentially be RELICENSED from their photographer, at a greatly reduced rate by the way, if a new owner wants re-use the current listing photos by contacting the photographer directly.
Location
State TN
County Sevier County
Interior
Interior Features High Speed Internet
Heating Electric
Cooling Electric
Fireplace Y
Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Exterior
Utilities Available Electricity Available
View Y/N false
Private Pool false
Building
Story 1
Sewer Septic Tank
Water Well
New Construction false
Others
Senior Community false
Special Listing Condition Standard

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