2748 Florence Drive,Pigeon Forge, TN 37863
Pigeon Forge, TN 37863
Description
Investment Opportunity in Pigeon Forge, TN. $140K gross rental income. Explore this portfolio of 9 meticulously maintained 1-bedroom condominiums in central Pigeon Forge, TN. Strategically located within a commercially zoned area and operated as successful short-term rentals, these units are attractively priced below market value. Each unit boasts 600 square feet and is fully furnished with appliances, kitchenware, decor, and furnishings, ensuring immediate functionality and aesthetic appeal. Recent updates vary from each unit. Situated within a larger complex of 30 units, this STR portfolio represents a substantial portion of the building. HOA includes water, sewer, grounds maintenance, building exterior and trash pick up. Call to schedule your showing today!
Details
| MLS # | 1286945 |
|---|---|
| Listing Type | For Sale |
| Suite Number | 9 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 181 |
| Listing Provided By | Realty Executives Southern Living | Daria Turner |
Features
| SQ Feet | 5,400 |
|---|---|
| Units | 9 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Cooling |
| Heating Yes / No | Yes |
| Heating | Central, Electric |
Exterior
| Construction Materials | Block |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Premise Parking |
Market Activity 37863
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Learn More About This Property
| State | TN |
|---|---|
| County | Sevier County 27 |
| City | Pigeon Forge |
| Zip Code | 37863 |
| Area | Sevier County 27 |
| Subarea | 27 |
| Listing VS Median (in 37863) | |
Price: $2,300,000 low | high Med: $525,000 SqFt: 5,400 low | high Med: 1,152 $ / SqFt: $426 low | high Med: $456 On site: 181 low | high Med: 37.000000 | |