516537 Proffitt / Johnson Rd Unit #1-7, Gatlinburg, TN 37738

$4,100,000
21
BD
14
BA
10,850
SqFt

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List Price
$4,100,000
Status
COMING SOON / HOLD
MLS#
3312443
Subtype
Residential
Style
Contemporary
Year Built
2007
Bedrooms
21
Bathrooms
14
Full Baths
14
Living Area
10,850
Lot Size
435
Acres
0.01
Subdivision
Cambridge Estates

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.

Additional Information

Property Description
Contemporary
Exterior Construction
Frame, Other

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Listing courtesy of Keller Williams Realty.

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