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Updated over 1 year ago,
Gatlinburg New Construction
I am looking into the Gatlinburg area and obviously it appears there is not much value left on existing cabins. Is it worth building new construction here, specifically in the Gatlinburg city limits? What is the smallest cabin structure that is allowed to be built and does it need to be built on site? Maybe build multiple cabins on a single lot that has city utilities so you don't need to worry about the septic, especially in areas that had damage from the fires. I'm just thinking at these prices, building new seems like the only way forward sine everyone is competing for existing inventory (which is so low now.)
Also when I say building new I am talking about couples cabins 1 bedrooms in a good location that would rent out in the $125-$175 range a night.