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106 Highlands

Tellico Plains, TN 37385
  • $1,000,000
  • STATUS: Active Under Contract
  • ON SITE: 19 Days
  • ID#: 1200758
Under Contract
UPDATED: 54 min ago
$1,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,880
    SQFT
  • $347
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2005
County:

School Ratings & Info

Description

Looking for income producing property? This is it! Four true log cabins in the lovely Hallmark town of Tellico Plains. Each one is already completely booked for August and filling up for the fall. Cabins are full over 75% of the time and generate a combined income of over $120,000/year with potential for more! Repeat customers schedule months in advance and leave rave reviews. Each cabin has vaulted ceiling, fireplace, hot tub, swing, rockers, king size bed, couch, tv, fully equipped kitchen, and all the supplies to make the vacationer feel at home. This friendly mountain town offers world class trout fishing, riding trails, hiking, kayaking, waterfalls, scenic overlooks, excellent dining, and tons of relaxation. Call today to check out this great investment opportunity.

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© 2022 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to JET Real Estate. Information is deemed reliable but is not guaranteed accurate by the MLS or JET Real Estate. Data last updated: 2022-08-16T15:12:45.64.
www.jetrealestate.com/homes/131338332
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106 Highlands Tellico Plains, TN 37385

  • Price: $1,000,000
  • Status: Active Under Contract
  • On Site: 19 Days
  • Updated: 54 min ago
  • ID#: 1200758
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,880
SQFT
$347
$/SQFT
2005
Built
Neighborhood:
The Highlands
County:
Monroe
Area:
Tellico Plains
Property Description
Looking for income producing property? This is it! Four true log cabins in the lovely Hallmark town of Tellico Plains. Each one is already completely booked for August and filling up for the fall. Cabins are full over 75% of the time and generate a combined income of over $120,000/year with potential for more! Repeat customers schedule months in advance and leave rave reviews. Each cabin has vaulted ceiling, fireplace, hot tub, swing, rockers, king size bed, couch, tv, fully equipped kitchen, and all the supplies to make the vacationer feel at home. This friendly mountain town offers world class trout fishing, riding trails, hiking, kayaking, waterfalls, scenic overlooks, excellent dining, and tons of relaxation. Call today to check out this great investment opportunity.
Exterior Features

Construction Log Driveway Shared Exterior Features Porch - Covered Garage Parking None Lot Size 225X86x80x32x247x55x80x317x208x244

Interior Features

Appliances DishwasherMicrowaveOtherRangeRefrigerator Cooling Central Cooling Floors Hardwood Fuel ElectricOther Fuel Heat Central Misc Features Hot Tub Other Rooms Other

Property Features

Auction YN No City County Code County City Taxes 0.00 County Taxes 2807.90 Gross Annual Income 120000.00 Lease Information Air Bnb And Vrbo Rentals Multifamily Sub Type Other New Financing CashConventional Owner Expenses AdvertisingCommon Area MaintenanceElectricityExterior MaintenanceHvac MaintenanceInsuranceJanitorial ServiceLawn MaintenanceRoof MaintenanceSuppliesTaxes Property Status N/A Pud YN No Restrictions Yes Sale Includes All FurnishingsBuilding And Land Tenant Expenses Other Total Tax 2807.90 Type Of Units 1 Bedroom UnitFurnished Utilities Mo Avg 400.00

Listing information © 2022 Knoxville Area Association of REALTORS®, Inc.
Listing provided courtesy of Weichert Realtors - Sem Associates.


© 2022 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to JET Real Estate. Information is deemed reliable but is not guaranteed accurate by the MLS or JET Real Estate. Data last updated: 2022-08-16T15:12:45.64.
 
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