UNDER CONTRACT -121 Acre Mountaintop Prop. w/ Cabins, Wedding Facility

Gatlinburg, TN (Sevier County)

UNDER CONTRACT -121 Acre Mountaintop Prop. w/ Cabins, Wedding Facility
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Asking Price: Get Financing: $4,500,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $5,000,000

Established: N/A

UNDER CONTRACT -121 Acre Mountaintop Prop. w/ Cabins, Wedding Facility

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Business Description

Mountaintop property consisting of 121 acres, overlooks 3 states! 14 cabins (2 unfinished), 2 enclosed pavilions for large functions, log wedding chapel, 8 bedroom/ 10 bath chalet, and an office building. Appraised value $5,086,400 available for $4,500,000. Revenue for renting the cabins and wedding chapel will generate $800,000 gross revenue. The view is spectacular, overlooking Gatlinburg and surrounding mountains. If you are looking for a passive investment or a hands on business with a ton of upside potential, this is it. Sellers will set up a management company to handle rentals if you prefer. This property is well known for its spectacular weddings. Room for development. Improved roads and utilities in place.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
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Jim Bunting

Business Listed By:
Jim Bunting

www.traddcommercial.com

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