2205 Meredith Way, Sevierville, TN 37876

$4,700,000 Asking Price

13 beds
14 baths
10,553  sqft
Built in 2017

Incredible opportunity to purchase and entire portfolio of STR properties in the Sevier County / Great Smoky Mountain area! All properties are located in Birds Eye View subdivision (a PUD) off of Pittman Center Rd with Gatlinburg and Pigeon Forge just 12 minutes away! Sevierville is just a bit further out at 15 minutes! Totals 5 cabins, and 7 lots (4 lots w/ 2 BR septic approval and 3 lots w/ 3 BR septic approval) but new permits may need to be pulled. Between the 5 cabins there is a total of 10,533 finished sqft, 13 bedrooms, and 14 full baths. 1 unit is not pictured. Inquire with your agent for more details! Potential owner financing available with a variable interest rate depending on down payment! 40% down @ 8% interest on remaining 60% of purchase price, 50% down @ 7% interest on remaining 50% of purchase price, 60% down @ 6% interest on the remaining 40% of the purchase price! This packaged property also includes a generous common area amount the available lots that can be used to add additional common amenities to help boost the rental potential of these properties!

Features & Amenities

Interior

General:
Cathedral Ceiling(s), Island in Kitchen
Appliances:
Dishwasher, Dryer, Range, Refrigerator, Washer
Basement:
Crawl Space, Finished
Flooring:
Carpet, Hardwood
A/C:
true, Central Cooling
Heating:
true, Central, Electric
Fireplace:
Gas Log, Fireplaces: 5

Exterior

General:
Porch - Covered, Deck
Style:
Cabin
Parking:
None, Other

Construction

General:
Wood Siding, Log, Frame

Location

Originating MLS:
East Tennessee REALTORS® MLS
County:
Sevier County - 27

Lot

Zoning:
097 014.00
View:
Seasonal Mountain

Utilities

Water:
Well
Sewer:
Septic Tank

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
Century 21 MVP

About Sevierville, TN

Housing

Number of Units
33,362
Median Home Value
$204,918
Median Rent
$668

29.15% of housing units are renter occupied.

28.79% are vacant.

Commute

Car
86.76%
Public Transportation
0.71%
Walk to Work
0.54%
Work from Home
10.69%
Other
0.44%

The median travel time to work is 24 minutes.

People

Population
58,372
Median Age
43.40
Median Household Size
2.70

Education

High School
38.63%
Associate’s Degree
7.21%
Bachelor’s Degree
13.01%
Graduate Degree
5.72%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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