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Updated over 2 years ago on . Most recent reply
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Airbnb acreage in Ducktown
Hey everyone,
I'm looking for advice on buying land and building for short term rentals in ducktown TN.
About me: I bought my first duplex 3 years ago and lived in on side and rented the other with VRBO. I bought my second duplex last year and went with anual rentals. I just sold the first duplex for $270k profit and the second one is cash flowing $1600 per month.
I'm moving to the Ducktown/Copperhill area in southeast TN. Land in the area is available at about $10k per acre and zoning is unrestricted. I'd like to use that $270k to finance and buy about 10 acres and build a few log cabins to rent as short term rentals. Maybe RV hookups too. I see new construction 400sqft cabins advertised around $90k. The area gets lots of tourism due to rafting on the occoe River and mtn hiking trails.
I've never done anything like this and would love some advice on where to start. Very open to working with any lenders or builders in the area. Happy to also pay for your time if your very experienced in the area and zoning.
thanks!
Ross
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Ok, so that will tell you something. A 3 bedroom septic will support 1-2 small cabins. It won't support RV spaces as well.
What does the county say about multiple septics? How many per acre?