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
MLS# | 4181322 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2015 |
Days On Site | 33 |
Listing Provided By | Century 21 Connected | Aaron Palmer |
Bed(s) | 5 |
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Bath(s) | 5 Total |
SQ Feet | 2,072 |
Story(s) | 1 |
Units | 3 |
Acreage | 2.10 |
Water Front | Yes |
Property View | Long Range, Mountain(s), Water |
State | NC |
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County | Swain |
City | Bryson City |
Zip Code | 28713 |
Area | Swain |
School District | Unspecified |
Elementary School | Unspecified |
Middle School | Unspecified |
High School | Unspecified |
Listing VS Median (in 28713) | |
Price: $1,999,999 low | high Med: $399,000 SqFt: 2,072 low | high Med: 1,228 $ / SqFt: $965 low | high Med: $325 On Site: 33 low | high Med: 180.000000 |