2036 Ridge Rd #2, Pigeon Forge, TN 37863

Description

BACK ON THE MARKET DUE TO BUYER FINANCING. BUYER WITHDREW BEFORE THE HOME INSPECTION!

Location, location, location! Just minutes from the main Parkway in Pigeon Forge, this Smoky Mountain retreat on Ridge Road combines outstanding proximity to area attractions, dining, shopping, and entertainment with the privacy of a wooded mountain setting.

The property features a charming 480-square-foot honeymoon cabin currently operating as a short-term rental with an established rental history. Inside, guests are welcomed by rustic mountain character, a cozy gas fireplace, and updates completed within the past year designed to enhance comfort and overall guest appeal.

The cabin generated approximately $36,000 in gross rental revenue last year. Using an estimated 30% operating-expense allowance, the property would produce an estimated $25,200 NOI, representing an approximate 8.4% cap rate at the $300,000 list price.

Whether you're looking to expand your short-term rental portfolio, purchase a Smoky Mountain getaway, or acquire an investment property close to the heart of Pigeon Forge, this cabin offers an attractive combination of location, rental history, and income potential.

Rental figures, expenses, NOI, and cap rate are estimates and are provided for informational purposes only. Buyers should independently verify all financial information and short-term rental requirements.