FSBO: Fantastic cabin in Smoky Mountain (7% Cap rate)

[Albert D.]

Dear BPers,

I'm off-loading our investment cabin in Gatlinburg, TN to beef up my investment in multi-family. Last 12 months actual NOI is ~$82,000. LTM revenue is over $140,000. Asking price: $1.15 million.

This is a turnkey operation.  All setup: Property management, cleaning crew, maintenance crew.  I've been remote owner for over two years and have been very happy with crew.  

For details, please check link below on Zillow and VRBO.  Financials and showing are available upon request.  Please PM me if interested.

Listing on Zillow.com:

https://www.zillow.com/homes/for_sale/62900621_zpi...

Rental on VRBO.com:

https://www.vrbo.com/673630