Tracy King
Tracy King
Owner/Broker

3578 Locust Ridge Road , Pigeon Forge TN 37876

  • $400,000
  • 2 Beds
  • 2 Baths
  • 1008 Sq. Ft.
  • $396 / Sq. Ft.
  • Built 1999

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Cash Flow Property!! This unique property has endless possibilities. It currently has a 2/2 Cabin , Outdoor Bathhouse , 3 Canopy tents , plus several spots to add more on the 9 Acres. With $30,483 already in the books this year from April – July , it is projected to do $65,000 + in 2019. Rental income of $54,114 in 2018 from April – December. Seller started in April with only one Tent , added second tent in July , Third tent in September of 2018. And the best part is that it has very very minimal overhead!! Cost to build a canopy tent $12,300.00. They have a 5yr+ life expectancy. You can replace a Tent for around $3900.00 (Tent=$1900.00 , Labor=$1800.00. Wanna add a second Bathhouse? $14,900.00. Sellers currently do their own cleaning but have an estimated cost. Cleaning all Tents & Bath house Est. $300.00 weekly. Sellers added additional washer & Dryer in Basement of cabin to do their own bedding. They don’t rent the cabin out much as they live in it. If it were also on rental this would make rental much higher.

Status of Listing
Sold
Property Type
Single Family
County
Sevier
Built
1999
House Style
Cabin
Community / Area Located
27-Sarah Jane Parton Est
MLS#
1092964

Property Details

Interior Features
Bedroom Information
  • Bedrooms: 2
Bathroom Information
  • Full Baths: 2
Room Information
  • Basement: Unfinished
  • Other Rooms: Laundry/Utility
  • Dining Areas: Eat-in Kitchen
Interior Features
  • Appliances: Dishwasher; Dryer; Microwave; Range/Oven; Refrigerator; Washer
  • Floor Type: Carpet; Hardwood
Heating & Cooling Information
  • Heat: Central
  • Cooling: Central Cooling
Parking / Garage, Exterior Features, Multi-Unit Information, Homeowners Association
Exterior Features
  • Construction Type: Frame
  • Siding Type: Wood
  • Sewer: Septic
School / Neighborhood, Utilities, Taxes / Assessments, Misc. Information
Utility Information
  • Fuel: Electric
  • Water: Well
Property / Lot Details
Property Information
  • Sq. Ft. Source: Owner
  • Type: Single Family
  • Site Built? Yes
  • Subject to Restrictions? Yes
Lot Information
  • Lot Description: Wooded
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