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516 & 537 Proffitt Rd & Johnson Ln 1-7, Gatlinburg, TN 37738
Property Facts
Property Type: Residential
Sub Type: Condominium
Status: Active
Year Built: 2007
Lot Acreage: 0.01
Fireplaces: 0
Above Grade Sq Ft: 1,550
City Taxes: $72.35
County Taxes: $851.89
Basement Sq Ft: 0
Garage Sq Ft: 0
Elementary School: Pittman Center Elementary School
Middle School: Gatlinburg-Pittman
High School: Gatlinburg Pittman High School
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 Rd Townhomes 1 & 2, and 541 Johnson Rd 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. 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.
Features & Amenities
- Balcony
- Ceiling Fan(s)
- Central Air
- Central Heating
- Dishwasher
- Dryer
- Drywall Walls
- Electric Dryer Hookup
- Electric Range
- Electricity Connected
- Insulated Windows
- Luxury Vinyl Flooring
- Metal Roof
- Microwave
- Mountain(s) View
- Mountainous Lot
- Primary Bedroom
- Private Water
- Public Sewer
- Rear Porch
- Refrigerator
- Sewer Connected
- Smoke Detector(s)
- Spa/Hot Tub
- Townhouse
- Two-Level
- Washer
- Washer Hookup
- Water Connected
- Wood Siding Exterior
- Wooded Lot
Listing Courtesy
Keller Williams Realty Knoxville