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Map
$1,003,811*
●
House -
Off Market
527 Patterson Ln #THREECABINRESRTNEARMILLSPARK
Gatlinburg, TN 37738
3 Beds
3 Baths
2400 Sqft
$616,000 - $752,000
Reference Base Price*
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Interested in $100k gross income producing resort with zero HOA
Fees? Currently 8.25% cash flow opportunity (based on financial
history/not guaranteed). Own a piece of Gatlinburg! Come view the
real estate opportunity of a lifetime within 3 miles of America's
MOST VISITED NATIONAL PARK! Own your own resort in Gatlinburg,
Tennessee. 3 cabins for the price of one! This O/A mini-resort is
inside the lovely confines of Gatlinburg, nears Rocky Top and Mills
Park. Wonderful location! You can walk to the Park or the Community
Center from this cabin resort. Also, you're only 1 mile from Arts &
Crafts Community and 2 miles to Downtown Gatlinburg! These O/A log
cabins have impressive rental roll, top notch marketing, excellent
location, granite countertops, new sinks, newer appliances, and new
roofs! NO HOA FEES. Great investment opportunity! Owner financing
available (certain restrictions & requirements. Inquire within. Set
up showing while listing is active & available!). These three
cabins have excellent rental management in place with 5+ years
repeat business and $100k gross rental income performance! Invest
in Gatlinburg today. Invest in these charming one bedroom true log
homes with city utilities and great roads! Rare Find! Cabins have
jacuzzi, hot tub, gas fireplace, full kitchen, private decks, and
so much more! Seller's Book of Repeat Business provided with
cabin at 70/30 split to help the marketing of your property with
100+ website campaign! Schedule a showing to see this luxury cabin
TODAY! Guaranteed $100k gross rental income annually!!! Certain
restrictions apply. Owner financing options available.
The manager has listed the unit size as 2400 square feet.
The manager has listed the unit size as 2400 square feet.
Unit Size
2,400Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$285
Property Type
House
Property Taxes
$1,370
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 19, 2019 | No longer available | - | |
No longer available | |||
Sep 12, 2019 | Price Decreased |
$684,900
↓ $100
(0%)
|
|
Price Decreased | |||
Jul 29, 2019 | Price Decreased |
$685,000
↓ $3K
(0.4%)
|
|
Price Decreased | |||
Jul 4, 2019 | Price Decreased |
$687,500
↓ $2K
(0.4%)
|
|
Price Decreased | |||
Jun 8, 2019 | Price Decreased |
$689,900
↓ $5K
(0.7%)
|
|
Price Decreased |
Show More
Property Highlights
Fireplace
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
3
Beds
2.5
Baths
2,107 ft²
$332/ft²
$700,000
Mar 11, 2024
-
$70/mo
In Contract
House
3
Beds
2
Baths
1,945 ft²
$283/ft²
$550,000
Apr 19, 2024
-
$99/mo
In Contract
House
3
Beds
2
Baths
1,230 ft²
$486/ft²
$598,000
Mar 6, 2024
-
$157/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/21/2019
|
3 Bed
|
3 Bath
|
2400 ft²
|
$699,000
3 Bed
3 Bath
2400 ft²
|
-
-
|
-
|
-
|