516537 Proffitt / Johnson Rd Unit #1-7, Gatlinburg, TN 37738
- $4,100,000
- 21
- BD
- 14
- BA
- 10,850
- SqFt
- List Price
- $4,100,000
- Status
- COMING SOON / HOLD
- MLS#
- 3312443
- Bedrooms
- 21
- Bathrooms
- 14
- Full Bathrooms
- 14
- Living Area
- 10,850
- Lot Size
- 435
- Acres
- 0.01
- County
- Sevier County
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.
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Additional Information
- Amenities Other
- Ceiling Fan(s), Kitchen Island
- Basement Description
- Finished
- Construction Type
- Frame, Other
- Cooling System
- Central Air, Ceiling Fan(s)
- Green Features
- Windows
- Heating System
- Central, Electric
- Interior Other
- Ceiling Fan(s), Kitchen Island
- Laundry
- Washer Hookup, Electric Dryer Hookup
- Living Area
- 10,850
- Lot Description
- Cul-De-Sac, Zero Lot Line
- Lot Dimensions
- 48.25 X 50.75 IRR
- Lot Number
- B-1
- Patio Deck
- Deck
- Sewer System
- Public Sewer
- Style
- Contemporary
- Subdivision
- Cambridge Estates
- Subtype
- Single Family Residence
- Tax Amount
- $924
- Unit Number
- 1-7
- Water Source
- Public
- Year Built
- 2007
- Style
- Contemporary
- Type
- Single Family Residential
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Listing courtesy of Keller Williams Realty.
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