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$1,800,000 $295/sq ft
Active 89 days on market

1828 Beach Front Drive

Sevierville, TN 37876 · Sky Harbor · Sevier County

6,108 sq ft 2023 built

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About this property

Presenting this newer-construction, fully furnished short-term rental portfolio located in the Gatlinburg/Sevierville market, one of the Southeast's most established drive-to vacation rental destinations. Offered at $1,800,000, the portfolio includes three cabins built in 2023 and is being marketed as a package sale. The portfolio consists of three approximately 2,036 SF cabins located on Beach Front Drive in Sevierville. The unit mix includes one 2-bedroom / 2-bath cabin with a theater room and potential 3-bedroom conversion, along with two 3-bedroom / 3-bath cabins. Each property is designed for short-term rental use and features modern finishes, open living areas, entertainment-focused layouts, and a turnkey furnished setup. Based on seller-provided financials, each cabin is currently generating approximately $55,000 in annual gross rental revenue. The seller believes there is potential to increase gross revenue to approximately $75,000-$85,000 per cabin annually through improved management, optimized pricing, and a more efficient self-management or co-host model. This offering gives investors the opportunity to acquire immediate rental income with meaningful operational upside in one of the most recognizable cabin rental markets in the country. The package structure allows a buyer to acquire scale without having to source and assemble individual assets one at a time. The seller's preference is to sell all three cabins together in one transaction. 1828 Beach Front Drive, 2184 Beach Front Drive, 2237 Beach Front Drive

Facts & features

Overview

Type
Residential Income
Tax jurisdiction
County (unincorporated)
HOA
None
Year built
2023
Price / sq ft
$295
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Interior

Building area
6,108 sq ft

Parking

On Premise Parking

Listing details

MLS #
1342410
Status
Active
Days on market
89 days

Location

1828 Beach Front Drive, Sevierville, TN 37876 Sky Harbor · Sevier County Open in Maps

Listing courtesy of PWA Properties. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.