***UPDATE - This unit has recently sold and is no longer available.  Please contact me for other opportunities in the East Tennessee real estate market.

In todays market the Short Sale is becoming an all to familiar transaction for some buyers and sellers.  I have been given the opportunity to sell this magnificant investment cabin in the Elk Springs Resort in Gatlinburg Tennessee.  It is very rare that an opportunity arises like this.

Short Sale Cabin in Elk Springs

Gatlinburg, TN and the Great Smoky Mountains host upwards 10 million people a year.  Many of them enjoy spending their time relaxing with family in these luxury rental cabins.  Like one would expect, the more amenites a cabin has the better the  rental history/potential will be.  Not only does this cabin have the amenities, it also has the bookings.  You can see all bookings for this cabin at Cabin Fever Vacations website.

"Southern Philosophy"  is a 3,000+ sqft luxury cabin that is nestled in the Elk Springs Resort in Gatlinburg, Tennessee.  With 4 bedrooms, 4.5 baths, gameroom, unbelievable theatre room, and huge family room this cabin will comfortably sleep 14!  To view the cabin and all it has to offer, you can view the virtual tour here.

Short Sale Offers

This cabin has been listed for $550,000 and we will be entertaining ALL offers.  This particular property was built in early 2007 and was appraised for $720,000 in November, 2007.  All offers will be presented to both the buyers and the banking institution that they are working with.  This is an investors dream that could easily result in over $100,000 in equity and provide an above average ROI.  The current bookings of this magnificant property say it all.  In case you missed it above, you can view all current bookings and their respective nightly rates here. Performas will be provided to all pre-approved buyers only. 

Realtor Referral

Your network and Sphere of Influence may be more valuable than you think.  I am offering a 30% referral to any REALTOR that can provide a qualified buyer for this special property.  Instant equity, above average ROI, awesome family retreat, or just another great deal to add to an investor's portfolio.  Would also be a great 1031 exchange opportunity. 

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