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.