USATNGatlinburgCambridge Estates516 & 537 Proffitt Rd

516 & 537 Proffitt Rd, Gatlinburg, TN

Name: 516 & 537 Proffitt Rd, For Sale in Gatlinburg - Zoocasa
Brand: keller williams realty
SKU: 712450
Price: 3975000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$3,975,000

1280

MLS® 712450

Overview

Key Facts

Type Townhouse

Levels Residential Income

Size 10850 sqft

Garage No

Maintenance Fees

Taxes $924

Days Active 33

Approx. Age 2007

Avg. Price Per Sqft $366

MLS® Number 712450

Property Address: 516 & 537 Proffitt Rd, Gatlinburg, TN, 37738-5823

Average square foot calculated using Size range provided by listing agent.

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 Ln Townhomes 1 & 2, and 541 Johnson Ln 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. Instead of relying on a single property to produce revenue, this portfolio gives you multiple income-producing units working at the same time. If one unit experiences a vacancy, the others can continue generating cash flow, helping create a more resilient and consistent revenue stream. 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, three 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.

MLS® Number712450

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelLaundry Closet, Inside, In Unit

Exposure

Exterior

GarageNo

Approx. Age2007

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatCentral

A/CCentral Air, Ceiling Fan(s)

Extras

Map

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