Gatlinburg 4 bedroom Cabin For Sale

$399,000
4
3
2,400
sq. ft.
$166
per sq ft
Heated sq ft: 2,400 sq ft
Avg Nightly Rate: $345
Home Legally Sleeps: 10
Occupancy Rate: 28 weeks
Annual Gross Income : 68000
Annual Net Operating Income : 45000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Mountain, Nature, Pet Friendly, Resort, Ski, Theme Parks
New Construction: Inquire
Days on Vrolio: 121

Property Description

Great vacation rental cabin for sale in Gatlinburg TN. Many recent improvements. 2018 Gross Revenue was $68k. Just over $60k in 2017. 4 bedroom 3 bath with game room and loft. Close to downtown Gatlinburg, Great Smoky Mountains National Park (with 11 million visitors per year), Ober Ski Resort and Dollywood. Sold fully furnished. Mgmt co in place that can stay on making this totally turn key. Can be self managed to maximize profit. Please reach out for additional pictures and information. 773-655-1062.

Presented by:
Owner:
Tim Wipert

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Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 550
Low: 225
Peak: 550
Special Event: 550
Avarage: 345.00
Furniture Age
10
Est Value of Furnishings
$50,000
Peak & High Seasons
May, June, July, August, September, October, November
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Other investment opportunities.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
68000
Net Operating Income
45000
Stories
3
Additional Indoor Rooms
Family Room, Game Room, Living Room, Theater/Media room
Appliances
Dishwasher, Dryer, Full stove, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace
Floor Coverings
Carpet, Linoleum, Real Hardwood
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Programmable thermostat
Year built
2005
Outdoor Features
Above Ground Spa, Deck, Porch - Not screened
View
Mountain
Backyard Exposure
North
Lot Size
.31 acres
Community Features
Clubhouse, Community Pool(s), Nature Trails/Walking Path, Ski Lodge, Tennis Court
Tax Amount/Year
$1,400
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Clubhouse, Community Pool(s), Nature Trails/Walking Path, Ski Lodge, Tennis Court
Mandatory HOA
Inquire
Home Legally Sleeps:
10
Onsite Parking
Private Driveway
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$9.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
Inquire
Occupancy Rate
28
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$30.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
109.00 Monthly
Caretaker Fees
Inquire
Sold with Marketing Collateral
Yes, Professional photos, VRBO and/or Homeaway profile
Manager Cancellation Policy
If property is sold agreement is terminated. New owner can pick up any bookings if they choose to hire and retain same company
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$50.00
Licesnes & Permits (Annual)
$350.00
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$360.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$4,800.00
Water/Sewer (Annual)
$300.00
Cable/Interbet (Annual)
$2,364.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$1,400.00
Homeowner's Insurance (Annual)
$1,300.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$430.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
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