Lake Home For Sale

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 opportunitye 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

Property Details

  • Beds: 5
  • Baths: 5.0
  • Sq Feet: 2072
  • Year Built: 2015
  • Location: Fontana Lake
  • Acres: 2.100
  • Lakefront: Yes
  • Lakeview: Yes
  • ViewTypes: Mountain, Water
  • County: Swain County
  • Garage: Driveway
  • Roof:
  • MLS #: 4181322

Location

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Contact Information:

phone Call now 1-855-943-4272
Contact Agent
Listing Agent: Aaron Palmer, Modern Mountain Real Estate Company, 828-545-8741, 828-348-0222 Listing Site, Listing Status: Active
Copyright © 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Bryson City, North Carolina
Ad Number : 5356253
Viewed: 79 times
Added: Sep 11, 2024
Updated on: Sep 11, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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