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    Gated Cabin Retreat With 7 Cabins Title is generated by Realmo AI

    115 Chalet Lane, Henderson, TN 38340

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    Claim this Listing
    For Sale
    $825,000

    MULTI_FAMILY - Henderson, TN

    Property size:
    5,952 SF
    Lot size:
    12.81 Acres
    Price / SF:
    $138/SF
    Added:
    Aug 26, 2025
    Days on Market:
    285
    Last Refresh:
    Jun 6 at 12:06 pm

    Property Features for 115 Chalet Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    4
    Parking features
    Garage, Open
    Patio and Porch features
    Porch, Deck
    Interior features
    Ceiling Fan(s), Open Floorplan
    Exterior features
    Fire Pit
    Appliances
    Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Washer/Dryer
    Standard status
    Active
    APN
    071 005.01 000
    Size
    5,952 SF
    Lot size
    12.81 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3318

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Year built
    2000
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Carpet, Vinyl, Laminate
    Building materials
    Wood Siding
    Roof type
    Metal
    Additional Structures
    Workshop

    We can help!

    Listing Contact
    Lori Yarbro
    Lori Yarbro

    Listing agent Lori Yarbro License #357357

    Listing office Evans Real Estate 18 W 2nd Street, Parsons, TN

    Listing date Aug 26, 2025

    MLS# 2504052 Listing URL

    Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 7‑cabin retreat on 12.81 acres in a gated community with a private drive to all cabins
    • Main cabin: 2‑bed, 3‑bath, 1,600 SF (occupied by owner)
    • Five 2‑bed, 1‑bath cabins, each 768 SF; one studio office cabin (1‑bed, 1‑bath) at 512 SF
    • Currently operated as a 55+ community with 5 cabins rented
    • Metal roof; wood siding; flooring includes carpet, vinyl, and laminate
    • Utilities include public water and septic tank sewer

    Overview

    Set on 12.81 acres, this gated retreat features seven cabins accessed by a private drive leading to each unit. The main cabin is a spacious 2-bedroom, 3-bath home with 1,600 square feet and is currently occupied by the owner. Five additional cabins provide 2-bedroom, 1-bath layouts with 768 square feet each, with five of the cabins currently rented. A sixth cabin serves as an office cabin, configured as a studio with 1 bedroom, 1 bath, and 512 square feet. The property’s current operation supports a low-key, residential-style hospitality setup within a private community setting.

    Located in Henderson, Tennessee in Chester County, the property is described as being next to Chickasaw State Park and the Chickasaw Golf Course. The enclosed, gated arrangement and on-site private drive are key elements of the site’s overall layout and privacy.

    This offering can fit buyers seeking a turn-key cabin community with established on-site operations, including an owner-occupied residence and multiple rentable cabins. It may also appeal to those looking to adapt the property toward an alternative use, as the public remarks note residential or commercial zoning potential based on its location. The mix of cabin unit types and the presence of an office cabin can support continued use as a retreat, rental community, or other custom vision within the existing cabin configuration.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chickasaw Chalet Vacation Rental Hamillton Lane IT Consulting Firm

    Suggested Use

    Restaurant Hotel & Motel Bar & Pub Electrical Service Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Chester
    State
    Tennessee
    Longitude
    -88.804375
    Latitude
    35.386677

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    FAQs

    What type of property is this?
    Campground - A gated 55+ cabin community with private drive access, including multiple units currently operated as rentals.
    Where is this campground located?
    The property is located at 115 Chalet Lane Henderson, TN.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: 7‑cabin retreat on 12.81 acres in a gated community with a private drive to all cabins; Main cabin: 2‑bed, 3‑bath, 1,600 SF (occupied by owner); Five 2‑bed, 1‑bath cabins, each 768 SF; one studio office cabin (1‑bed, 1‑bath) at 512 SF
    (731) 549-6963
    We can help!
    Listing Contact
    Lori Yarbro
    Lori Yarbro
    Real Estate License ID: 357357
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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