Map
Listed price in listed location currency (USD).
$5,000,000

36480

MLS® 3624123

Overview

Key Facts

Type Townhouse
Levels Residential
Size 17662 sqft
Garage 
Taxes $175
Days Active 0
Lot Size 0.85 Acres
Approx. Age 2026
Avg. Price Per Sqft $283
MLS® Number 3624123

Property Address: units-1-12-812 Powdermill Road, Gatlinburg, TN, 37738

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

Description

INVESTORS — LET YOUR MONEY WORK FOR YOU! 12 BRAND-NEW TOWNHOMES | 36 BEDROOMS | $600K+ ANNUAL SHORT-TERM RENTAL POTENTIAL! An incredible opportunity to purchase an ENTIRE 12-UNIT TOWNHOME COMPLEX in Gatlinburg's highly desirable Arts & Crafts District, just 5 miles from Downtown Gatlinburg! Currently under construction with anticipated completion before the end of 2026, this investment offers substantial income potential, city utilities, and low-maintenance ownership. TWO INCOME STRATEGIES! - Short-Term Rentals: $600, 000+ in projected annual gross revenue. - Long-Term Residential Rentals: Approximately $220, 000 in projected annual gross revenue. Each of the 12 townhomes features 3 bedrooms, 3.5 bathrooms, an open-concept kitchen and living area with a centered fireplace, main-level laundry, and a convenient half bath. Upstairs, all three bedrooms offer private full bathrooms, creating an ideal layout for vacation guests or long-term tenants. LOCATION & CONVENIENCE! Easy, flat city-maintained roads with no steep mountain drives, front-door parking, attractive stone exterior accents, and convenient access to Gatlinburg's attractions, shopping, and dining. HOA includes water, sewer, and trash, simplifying ownership and management. Zoned R-2, offering flexibility for short-term rentals, long-term rentals, or a combination of both. 12 UNITS | 36 BEDROOMS | 42 TOTAL BATHROOMS | 5 MILES TO DOWNTOWN GATLINBURG A rare opportunity to acquire an entire new-construction complex with multiple income strategies in one of East Tennessee's most popular vacation destinations. BUILD YOUR PORTFOLIO AND LET YOUR MONEY WORK FOR YOU! Rental projections are estimates of potential gross revenue and are not guaranteed.
MLS® Number3624123
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age2026
BasementNone
DrivewayAsphalt, Driveway
Garage Spaces
HeatHeat Pump
A/COther

Extras

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