Property profile

1250 Reedmont Way Sevierville, TN 37876

OFF-MARKET
Hospitality properties
71,048 SF 113 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional investment opportunity presents 25 newly constructed, fully furnished luxury cabins situated in the prestigious Lodges at Reedmont, Sevierville, Tennessee. The property boasts a total of 71,048 square feet across 113 acres, offering a compelling Core+ investment profile. Each cabin is designed for short-term rentals, ensuring immediate revenue generation. The property's strong financial performance is reflected in its projected 12.47% pro-forma cap rate and a pro-forma NOI of $3,242,704. Built in 2024, this turnkey operation provides a seamless transition for the new owner. The asking price is $26,000,000, translating to $365.95 per square foot. The property is offered fee simple, providing complete ownership. Additional cabins, lots, and undeveloped land are also available for acquisition. This is a rare chance to acquire a high-performing, luxury short-term rental portfolio in a prime Sevierville location. Detailed financial information is available upon request. The property is located at 1250 Reedmont Way, Sevierville, TN 37876.

Property profile

Verified
Property type Hospitality properties
Year built 2024
Total area 71,048 SF
Lot 113 ac (4,922,280 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1250 Reedmont Way Sevierville, TN 37876
Sevierville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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