5 Beds
5 Full baths
2,072 SqFt
Active
Investment Opportunity at an 8% Cap Rate! What's for sale: 3 freestanding, fully furnished Short Term Vacation Rental Homes that have exclusive panoramic views of Fontana Lake and the Great Smoky Mountains National Park, located in Bryson City, NC. Strong 9 year rental history offers an established investment opportunity. Come enjoy a peaceful sanctuary surrounded by untouched Nantahala National Forest. Delight in being remote enough to be immersed in nature, while having quick access, just 12 minutes to downtown, restaurants, and shopping. Lake access is just a 5 minute drive to a boat ramp and marina. This property is an hour west of Asheville, NC, 2 hours from Knoxville, TN, 3 hours north of Atlanta, GA, and only 4.5 hours to the coast of SC. Investment Summary Stable long term investment opportunity with consistent returns 9 Year Established STR History 70% Occupancy Rate (w 3 night minimum and no pets) 2,072 Total sq ft on 2.1 Acres NOI - $159,217
Property Details | ||
|---|---|---|
| Price | $1,999,999 | |
| Bedrooms | 5 | |
| Full Baths | 5 | |
| Lot Size Area | 2.1 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| MLS Sub type | Portfolio | |
| Stories | 1 | |
| Features | Breakfast Bar, Built-in Features | |
| Year Built | 2015 | |
| View | Long Range, Mountain(s), Water | |
| Waterfront | Fontana Lake | |
| Heating | Propane | |
| Foundation | Crawl Space | |
| Lot Description | Views, Waterfront, Other - See Remarks | |
| Laundry Features | In Unit | |
| Parking Description | Driveway | |
Geographic Data | ||
| Directions | Call Listing Agent | |
| County | Swain | |
| Latitude | 35.438245 | |
| Longitude | -83.511174 | |
Address Information | ||
| Address | 1628 Round Hill Road, Bryson City, NC 28713 | |
| Postal Code | 28713 | |
| City | Bryson City | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Century 21 Connected | |
| Listing Office Phone | 828-348-0222 | |
| Listing Agent | Aaron Palmer | |
| Listing Agent Phone | 828-545-8741 | |
| Attribution Contact | aaronpalmer970@gmail.com | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Terms | Cash, Conventional, Owner Financing, USDA Loan, VA Loan, Other - See Remarks | |
| Virtual Tour URL | www.youtube.com/watch?v=riU7CRNNq7M&feature=youtu.be | |
School Information | ||
| Elementary School | Unspecified | |
| Middle School | Unspecified | |
| High School | Unspecified | |
MLS Information | ||
| Days on market | 9 | |
| MLS Status | Active | |
| Listing Date | Sep 10, 2024 | |
| Listing Last Modified | Sep 19, 2024 | |
| Tax ID | 6654-00-65-5183 | |
| MLS # | CAR4181322 | |
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This information is believed to be accurate, but without any warranty.
