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$529,800 $275/sq ft
Active 54 days on market

789 Burnside Place

Chattanooga, TN 37408 · Curtis · Hamilton County

3 beds 3.5 baths 1,928 sq ft 0.11 acres 2023 built

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About this property

Real Life Barbie Themed Dreamhouse: Year to date $36,059.95 gross income with projected earnings over $70,000 and it's only year 2 on STR! Expected to finish over 20k over last year! Important note- Owner has not utilized dynamic pricing. Great potential for a skilled manager, host or co-host!! It's been treated more like a hobby but also treated with a great love for the property it's self. See attached back story in the associated docs. Featured in Chatter Magazine this is a branded, turnkey, high-margin Short Term Rental with scale potential will be the crown jewel in any investor's portfolio. Air B n B Rating of 4.95! Turnkey and fully furnished this professional designer-driven townhouse claims a corner lot in Chattanooga's prime market- the revitalized ''South Side''. Barbie themed Air B n B is an experiential, nostalgia-led property that outperforms typical rentals and it's easy to see why. Custom ordered (Big Chill) appliances, hand-selected furnishings, authentic Barbie styled decor, and immersive room themes create viral appeal and strong repeat demand. Step inside the life sized Barbie style display box for INSTAGRAM worthy content! PHOTO OP!!! Ask about the optional Barbie themed Pink Bronco upgrade package. A smart buy for investors this branded asset is more than lodging, this property is truly a marketable experience that commands premium ADR (average daily rate) and higher occupancy rate versus standard units. Proven demand pull, drawing guests from outside markets like Nashville and all over the country, increasing booking velocity and off-season resilience making it perform year after year. Untapped upside from being a corner lot with extra parking, walking distance to downtown and custom garage (10-person hot tub with TWO laydowns) create options for expanded revenue streams booking private events, premium add-ons, with even more potential to grow. Conversion/scale potential using this replicable blueprint for a small portfolio of themed, high-yield rentals. Professional management reduces owner effort, improves reviews, and realizes cost efficiencies (cleaning, maintenance, procurement), meaning faster ROI and longer asset life. Strong repeat and referral bookings reduce marketing costs. Even Bikers love it!! When guests visit, they return. Opportunity to increase revenue via add-ons (event bookings, VIP packages, merchandise, extended-stay pricing) and potential to add more goodies or monetize garage space. Location & guest experience can't be beat! Walkable to downtown dining (No. 10 Steakhouse nearby), trails, river access -- convenient guest amenities that boost occupancy. Community features (fire pit) and ample off-street parking enhance group stays and event bookings. Bottom line! Barbie Themed, independently owned short term rental is not affiliated with, endorsed by or sponsored by Mattel, Inc but it IS a one of a kind asset that will keep guests coming back and telling everyone they know what a dream it was!!!

Facts & features

Overview

Type
Residential · Single Family Residence
Style
Townhouse
Tax jurisdiction
City limits
HOA
$1,500/yr
Year built
2023
Price / sq ft
$275
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Interior

Bath detail
3 full, 1 half
Building area
1,928 sq ft
Basement / foundation
Slab

Lot & exterior

Lot size
0.11 acres
Corner Lot

Parking

Garage
2-car
AttachedOn Street

Listing details

MLS #
1339045
Status
Active
Days on market
54 days

Location

789 Burnside Place, Chattanooga, TN 37408 Curtis · Hamilton County Open in Maps

Listing courtesy of eXp Realty, LLC. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.