Sevierville Rental Investment Home

Hospitality for Sale
Catylist Listing ID: 30613980
Property Subtypes: Vacation Rental(s)
Number of Units: 1 Units
Building Size (RSF): 4,120 SF
Gross Building Area: See Agent
Gross Land Area: 12.78 Acres
Sale Price: $874,000
Unit Price: $874,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/2/2020

Overview / Comments

Rare opportunity to get 12.98 acres+/- and a quality home with 7 bedrooms (4 bedroom perk plus expansion) and 5 full baths. Wonderful private estate. Two driveways cut in with room for four more homes. So much to offer with this Pigeon Forge area vacation rental or magnificent owner home close to area attractions. Features include a huge kitchen with large breakfast bar and separate dining area seating. Stainless appliances. Large rooms with vaulted ceilings. Gorgeous hardwoods and granite throughout. Currently set up with 7 bedrooms all decorated with top of the line furnishings. 5 full baths, some with walk-in showers. A Game room with pool table and arcade games helps to make this a fantastic rental property.
Relax at the outdoor gazebo with fire pit, a great space for entertaining. Enjoy the basketball court and separately housed swimming pool. Or give it a go at the interior black light mini golf. 5 car garage. A gazebo and rear covered patio area helps to make this a fantastic rental property. See the mountain views while relaxing in the family sized hot tub. Comes completely furnished with all amenities. Can also be sold separately with home and 2 acres. Grosses approximately $135,000 plus per year! Buyer to verify all information. (Dining room table, benches, chairs and storage in garage do not convey) water added to pool area. Priced lowered $20,000 to expand septic. Seller to pay up to $5000 in buyers closing costs with acceptable offer.

Attachments & Media

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $2,620 (Annual)
Potential Rental Income $140,000 (Annual)
Gross Operating Income $130,000 (Annual)

Additional Details

Nearest MSA: Sevierville
County: Sevier
Taxing Authority: Sevier County
Tax ID/APN: 104 128.01
Zoning: RESIDENTIAL
Property Located Between: Sevierville, Wears Valley, Pigeon Forge
Property Visibility: Excellent
Largest Nearby Street: Little Cove Rd & Valley View
Highway Access: Directions: From Seymour take Chapman Hwy towards Sevierville. Turn right on White School Rd. to Goose Gap Rd follow to Little Cove Rd. turn left on Valley View then continue straight to Little Cove Rd. Stay left on Little Cove Rd and home is on the left. White home with two driveways.
Airports: McGee Tyson
Site Description: Rare opportunity to get 12.98 acres+/- and a quality home with 7 bedrooms (4 bedroom perk plus expansion) and 5 full baths. Wonderful private estate. Two driveways cut in with room for four more homes. So much to offer with this Pigeon Forge area vacation rental or magnificent owner home close to area attractions. Features include a huge kitchen with large breakfast bar and separate dining area seating. Stainless appliances. Large rooms with vaulted ceilings. Gorgeous hardwoods and granite throughout. Currently set up with 7 bedrooms all decorated with top of the line furnishings. 5 full baths, some with walk-in showers. A Game room with pool table and arcade games helps to make this a fantastic rental property. Relax at the outdoor gazebo with fire pit, a great space for entertaining. Enjoy the basketball court and separately housed swimming pool. Or give it a go at the interior black light mini golf. 5 car garage. A gazebo and rear covered patio area helps to make this a fantastic rental property. See the mountain views while relaxing in the family sized hot tub. Comes completely furnished with all amenities. Can also be sold separately with home and 2 acres. Grosses approximately $135,000 up to $150,000 plus per year! Buyer to verify all information. (Dining room table, benches, chairs and storage in garage do not convey) water added to pool area. Priced lowered $20,000 to expand septic.
Area Description: Great Sevier County rental area. Close to Pigeon Forge, Sevierville and area attractions
Nearby Attractions: Dollywood, Ripley's Aquarium, Great Smoky Mountains, Dinner theaters and attractions.
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Roof Type: Arched
Construction/Siding: Wood Frame
Average Occupancy Rate: 90
Water Recreation: Indoor Pool, Spa
Exterior Description: Country setting great rental history. Comes with acreage but can be separated out with home and a couple of acres. Development opportunity with additional acreage.
Total Parking Spaces: 10
Parking Type: Structure, Roof Top
Parking Description: Seaprate garage and paved parking
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Interior Description: Comes furnished (except for a couple of items noted) Set up as 7 bedrooms with 5 baths. Includes game room, hot tub, exercise pool housed in separate building.
Zoning Description: Residential
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Fee Simple
Legal Description: 104 128.01

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,936 13,823
Median Age: 45.81 43.55
Households: 2,374 5,561

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