Pigeon Forge Cabin | Starr Crest Resort | Investment Cabin
Posted Oct 3, 2007 @ 8:48 am, Viewed by 1379 Visitors, Read 1467 Times.Pigeon Forge Cabins For Sale
UPDATE: The below listed cabins have all sold and are currently no longer available. Should you be interested in the investment cabin market and would like to receive more information, please contact Annie Maloney at 866-429-2121 Ext. 1879. Thank You.
I have been given the rare opportunity to sell 3 investment cabins in the upscale Starr Crest Resort located in Pigeon Forge, Tennessee. Seller is extremely motivated and has priced these 3 cabins well under appraised value. It is not often that cabins of this stature are available with instant equity to the buyer. The following units are for sale:
Angel's Corner
"Angel's Corner", a 1,548 sq ft luxury overnight rental cabin that grossed $38,425 in 2005 and $45,517 in 2006. Seller is letting this pristine unit go for $300,000. You can view the actual cabin and the amenities of the unit/resort at www.starrcrestresort.com/angelscorner.php.
Almost Heaven
"Almost Heaven", a 1,792 sq ft luxury overnight rental cabin that grossed $54,660 in 2005 and $51,960 in 2006. Seller is letting this exquisite cabin go for $340,000. You can view the cabin and the amenities of the unit/resort at www.starrcrestresort.com/almostheaven.php.
Almost Perfect
"Almost Perfect" is located right next door to "Almost Heaven" and is the same exact size. This luxury cabin grossed $46,198 in 2005 and $45,845 in 2006. Seller is letting this cabin go at $340,000 as well. You can view the cabin and the amenities of the unit/resort at www.starrcrestresort.com/almostperfect.php.
Competetive Market Analysis (CMA)
| Address | SQ/FT | Sale Price | Date Closed |
| 1959 Starr Ridge Drive | 1404 | 424,760 | 3/16/2007 |
| 1949 Starr Ridge Drive | 1403 | 417,500 | 2/13/2007 |
| 2414 Breezey Ridge Drive | 1768 | 509,640 | 4/2/2007 |
| 1942 Starr View Drive | 1568 | 423,000 | 1/5/2007 |
| 1811 Starr Street | 1404 | 410,000 | 11/17/2006 |
| 9312 Mountain Shadows Dr. | 1568 | 510,000 | 7/23/2007 |
These 3 luxury cabins will not last long! If you have been contemplating investing in East Tennesee's lucrative overnight cabin rental market or maybe you have just been waiting for the right deal the makes sense (dollars), NOW is the time. If you are interested in any of these cabins or would like to take a tour, please contact me A.S.A.P. You can reach me at 866-429-2121 Ext. 1879 or you can contact me through my website at www.anniemaloney.com.
This Post Has No Comments.
REW Blogs User Stats
Currently Online Users:
0
Total Users:
1,498
Entries:
4,483
Unique Views:
1,765,786
Total Views:
1,807,815
Total Comments:
4,312
My name is Annie Maloney and I am a resident of Sevierville Tennessee in East Tennessee's Great Smoky Mountains. I love living here and I love selling Tennessee Real Estate! Read More
- This User's Stats
Rate this Post!
Share this Post
Print
Social Bookmarking
View My Listings
Contact Me
RSS Feed
Top Rated
REW Blogs RSS Feed