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6-Home Waterfront Short-Term Rental Portfolio
New
For Sale
$2,900,000

165 LAKESHORE Ln, Counce, TN 38326

Multi-Family, Counce, TN

Property SizeContact for details
Days on Market6

Property Features for 165 LAKESHORE Ln

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision RIVERWALK
Standard status Active

Taxes and HOA fees

Tax Annual Amount 11180

Amenities

gated community
swimming pool
bathroom building
parking
storage units
boat slips

Building Details

Year built 1999
Listing Agency: John Green & Co., REALTORS
Listed By: Cassie DiMento
Added: Aug 19 Last Checked: Aug 24 at 2:06PM
MLS# 10228669

Copyright © 2026 Memphis Area 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.

Investment Insights

Based on property information with market context.

This short-term rental portfolio includes 6 adjacent, fully furnished waterfront homes with matching footprints and individualized finishes. Each residence offers 3 story construction, 3 bedrooms, and 3.5 bathrooms, along with lake views and access to 6 boat slips. The homes were renovated and are equipped for continued rental use.

The property is located at 165 Lakeshore Ln in Counce, within the Pickwick area. Community improvements include gated entry, a swimming pool area, a bathroom building, parking, and storage units. Additional land is included for development. Current rental activity spans short-term, long-term, and corporate arrangements, with management, cleaning crews, and contractors available to transfer. The homes were built in 1999.

Key Highlights

  • 6 adjacent waterfront homes with lake views
  • Each home has 3 story construction, 3 bedrooms, and 3.5 bathrooms
  • 6 boat slips included

Property Analytics

Current Use

River Walk Villas Vacation Rental

Suggested Use

Top Pick Real Estate Agency Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 38326, TN

2,527
Population
2,828
Households
0.9
Avg Household Size
56
Median Age
20%
College-Educated
82%
High-School Grad
42.6 sq mi
ZIP Area
59
Density / Sq Mi
$49,145
Median Household Income
$42,465
Median Earnings
$958
Median Rent
$189,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Renovated, furnished waterfront homes in a gated community with boat slips, pool facilities, parking, and storage.
Where is this short term rental property located?
The property is located at 165 LAKESHORE Ln Counce, TN.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 6 adjacent waterfront homes with lake views; Each home has 3 story construction, 3 bedrooms, and 3.5 bathrooms; 6 boat slips included
More about this property
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