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Updated about 2 years ago on . Most recent reply

User Stats

34
Posts
18
Votes
Priya Srinivasan
  • New to Real Estate
  • Buford, GA
18
Votes |
34
Posts

3/2 Pool Cabin in Sevierville

Priya Srinivasan
  • New to Real Estate
  • Buford, GA
Posted

Does a 3/2 Cabin with an indoor pool with no view, 7 miles north of Sevierville will work?

I know location and views matter for Smokies. Does a pool cabin that far work with location & views?

Most Popular Reply

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1,090
Posts
954
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John Carbone
  • Rental Property Investor
  • Gatlinburg
954
Votes |
1,090
Posts
John Carbone
  • Rental Property Investor
  • Gatlinburg
Replied
Quote from @Brooklyn McCarty:
Quote from @Luke Carl:

I'd don't think I'd have a huge problem with that location. 


 I agree with Luke. It’s about 4 miles from a Soaky Mountain, 9 miles from ranger outlets,  12 miles to Dollywood. 

I like to find 3-5 main attractions I am close to when looking. 

There are several things wrong with this location. First, “tanger” outlets is not an attraction. Also these are subdivision cabins surrounded by residential subdivisions. There is one road to the parkway from here and they have overbuilt both residential homes and cabins here, there is no infrastructure. The only draw I see here is being close to soaky mountain but a majority of guests will be going to Dollywood. That 12 miles you speak of takes 30 mins to get to from this place, and that’s no traffic. The only way to get from here to Dollywood goes through the most congested spots of the smokies and you are looking at 45-1 hour to get to Dollywood and most attractions in pigeon forge. And forget about marketing to gatlinburg, that will be over an hour (45 min in Jan/feb).  you will however be close to Buccees but idk if that is an attraction. 

if every year was a Covid year, I’d say this could be a buy, but to only be getting 11 percent coc needing 110k for it, there are better options. You have 0 upside, and this deal should be thrown the in trash pile. 

These subdivision cabins this far out from major attractions  will be the first to bust as demand continues to drop, and you’ll be looking at a 50 percent haircut if you need to sell to a doctor in Knoxville to live in. 

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