516/537 Proffitt / Johnson Rd Unit 1-7, Gatlinburg, TN 37738

$4,100,000
21
BD
14
BA
10,850
SqFt

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List Price
$4,100,000
MLS#
1349974
Status
COMING SOON - NO SHOWINGS
Type
Single Family Residential
City
Gatlinburg
County
Sevier
Bedrooms
21
Bathrooms
14
Baths Full
14
Living Area
10,850
Year Built
2007

Property Description

Seven doors. One closing. One area in Gatlinburg. And no HOA. Most investors spend a decade assembling what this portfolio hands you on day one. These properties include: 516 Proffitt Rd Townhomes 1 & 2, 520 Proffitt Rd Townhome 1, 537 Johnson Rd Townhomes 1 & 2, and 541 Johnson Rd Townhomes 1 & 2. Seven short term rental townhomes standing side by side in the Great Smoky Arts & Crafts Community, six miles from the most visited national park in America. Every unit renovated top to bottom in 2026. Every unit is fully furnished. Every unit is the same: 3 bedrooms, 2 baths, bonus room, roughly 1,500 sq ft, private hot tub, four private balconies opening into the trees with seasonal mountain views. Sleeps 8. This is not a projection on paper. These units are already live, already renting, already earning 5-star reviews, with projected gross revenue of $62,800 per unit and roughly $440,000 across the portfolio. Seven identical doors in one area means one cleaning crew, one maintenance vendor, one pricing strategy, one playbook. Scale without the chaos of scaling. The Smoky Mountain corridor at its highest demand. Walk into cash flow, not a project.

Additional Information

Acres
0.01
Appliances
Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Dryer
Basement
Yes
Construction
Frame, Wood Siding
Cooling
Ceiling Fan(s), Central Air
Floors
Luxury Vinyl Plank
Garage
Main Level, Off Street, Common, Assigned
Living Area
10,850
Lot Description
Cul-De-Sac, Zero Lot Line
Style
Contemporary
Subdivision
Cambridge Estates
View
Wooded, Seasonal Mountain View
Year Built
2007
Unit
1-7
Subdivision
Cambridge Estates
Heating
Central, Electric
Num Of Rooms
35
Restrictions
Yes
Hoa
No
Bonus Room
Yes
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.

Agent: Chris Ball |

Office: Keller Williams Realty |