Property Details for 1628 Round Hill Rd

Year built

2015

Lot size

2.10 lot acres

Property size

2,072 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a portfolio of three fully furnished, freestanding short-term vacation rental homes boasting breathtaking panoramic views of Fontana Lake and the Great Smoky Mountains National Park. Located in Bryson City, North Carolina, on a 2.1-acre lot, this established business (9 years operational) offers a stable, consistent return. The portfolio includes "Eagle's Landing" (2 bed, 2 bath, 832 sq ft + 400 sq ft decks), "Eagle's Nest" (2 bed, 2 bath, wheelchair accessible, 840 sq ft + 532 sq ft decks), and "Tiny Tuck" (1 bed, 1 bath, 400 sq ft + 192 sq ft loft + 384 sq ft decks), totaling 2,072 square feet across five buildings. Each home features electric vehicle charging stations, fire pits, grills, and two parking spaces. The property also includes a 96 sq ft supply shed and a well house with an $8,000 water filtration system. Currently operating at a 71.68% occupancy rate (with a 3-night minimum and no pets), the portfolio generates a Net Operating Income (NOI) of $159,217, representing an 8% cap rate. A full inspection was completed in 2024. The property is situated near hundreds of acres of National Forest, offering unparalleled privacy and abundant wildlife viewing opportunities. Conveniently located just 12 minutes from downtown Bryson City, restaurants, and shopping, and a 5-minute drive to a boat ramp and marina. Seller financing is available with a down payment, offering a 6% interest rate up to 10 years based on a 30-year amortization and balloon payment at the end of the financing term. Homes are sold as a portfolio only. The property has never been treated with pesticides or herbicides.

Location Insight

City

Bryson City

County

Swain

State

North Carolina

Longitude

-83.5104

Latitude

35.4374