THE COMPOUND @ 1988

$895,000
4
4
5,224
sq. ft.
$171
per sq ft
Heated sq ft: 2,985 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Multi-Unit Property (B&B)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: No
For Sale By: Broker
Seller Financing: No
Niche: Mountain, Nature, Pet Friendly
New Construction: Inquire
Days on Vrolio: 298

Property Description

THE COMPOUND... This property is commercial grade throughout and built like a fortress! INCOME EARNING POTENTIAL with the ability to split this into separate units or have one large unit with RV camp sites. Located in a prime off-road area in East Tennessee with the closest access to Brimstone & multiple other ATV / UTV riding areas closeby including Windrock, Royal Blue, Tackett Creek, & TWRA/WMA. Other areas of interest in the region include Big South Fork, Norris Lake, the Cumberland Mountains & the Great Smoky Mountains. This property includes a 22kw generator (natural gas), oversized tankless water heater, zoned heating/cooling, soundproof blankets inside all wood covered walls, Hi-speed internet with Highland Communications, high end water filtration system & so much more! With great attention to detail and quality this property has a very long list of features including: THE WORKSHOP area with garage and RV doors & a parts room with 1200 lb shop elevator, key coded 6inch concrete w/floor drain, LED shop lights & a Tesla charger all which opens to a covered patio featuring multiple kayak racks suspended from above. THE LOFT features 2 BRs, a large open living area with hidden storage and a full bath, theater & media room (with hidden walkway). THE HOMEPLACE which is currently the main residential living space features LVP flooring, 2BRs, an Office, 2BA w/ tiled walk-in showers boasting infinity drains, Open kitchen/dining/living area with weather station that opens to the enclosed patio room with HVAC vents and sound system. THE GROUNDS include a level fenced area with multiple gated access points, a 'BUGGY WASH' plumbed for hot and cold water with an optional shower space, 3 current (space for 2 more) camper spaces with 100 amp electric and water, 100 mph flag pole, professionally landscaped trees with underground watering system, Commercial grade gates with 1.5 yards concrete for each post and ample parking space and room for pull through parking for large vehicles carrying trailers, Storage building with sweat prevention, electric, &built-in shelving. This property was built to last! If you are considering investing or looking for your own personal compound, you must see this property! Schedule a tour today!

Presented by:
Agent:
Tara Ayers
Gables & Gates REALTORS
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Property was being used as a Primary Residence and Owner has moved away. Although not currently being used as a STR, the property has strong potential as it's located in a prime off-road area.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
2
Additional Indoor Rooms
Attached Garage for No car, Detached In Law Suite, Theater/Media room, Other
Appliances
Dishwasher, Dryer, Full stove, Microwave, Refrigerator, Washer, Other
Heating/Cooling
Central A/C (gas or electric), Electric or Gas Firelace
Floor Coverings
Carpet, Concrete, Other
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Attic air barriers, Carpet, Double pane-low emissivity windows, Energy Efficient Insulation, Energy Star certified windows, Programmable thermostat, Tankless water heater
Year built
2019
Outdoor Features
Fenced/Gated Yard, Porch - Screened, Sprinkler System, Other
View
Mountain
Backyard Exposure
South
Lot Size
1.37 Acres
Community Features
Tax Amount/Year
$600
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
Extra Large Gravel Parking Area with options to zone the parking areas and/or accommodate camper/RV parking as well.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$14.25
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Property has never had any paid bookings on the home becase The home has been occupied as a primary residence
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$300.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$2,000.00
Water/Sewer (Annual)
$2,400.00
Cable/Interbet (Annual)
$1,440.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$600.00
Homeowner's Insurance (Annual)
$1,200.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

RECALCULATE
Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

Additonal Net Revenue Streams

Effective Gross Revenue

Effective Gross Rent

RECALCULATE
Variable Expenses (Annual)
Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

Cleaning Fee ($ per rented wk)

Cleaning Fees Annually

Booking Site Service Fees (%)

Booking Site Service Fees ($)

Management Fee ($ per mo)

Management Fee Annually

Additonal Nightly Insurance Policy ($ per night)

Additonal Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

RECALCULATE
Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

Other

Fixed & Variable Expenses

RECALCULATE
Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

Monthly Payment

Annual Debt Service

RECALCULATE
Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

RECALCULATE

User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

LOCATION MAP VIEW

Nearby Similar Homes

Listing Source: Gables & Gates REALTORS, 423-871-6670

The information featured here is supplied by third party resources. In some cases the owner directly will supply the data and in other cases third party listing sources. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the information sourced here is 100% accurate. All users should do their own due diligence and further research before engaging in a property purchase based on the data and information provided here. It is deemed reliable but not guaranteed. In many cases the information may not be verified further than the source that provided it to us. This includes all data and information shown about the properties, locations, regulations and any other details found here. Vrolio does not own, manage and is not in any way associated with in a real estate transaction capacity any of the properties shown here. Images are subject to copyright from owner and photographer. We do not own any of the images provided here. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in a property.