1628 Round Hill Road, Bryson City, NC 28713
- $1,600,000
- 5
- BD
- 2,072
- SqFt
- Sold Price
- $1,600,000
- List Price
- $1,850,000
Property Description
Investment Opportunity at an 8% Cap Rate! What's for sale: 3 freestanding, fully furnished Short Term Vacation Rental Homes that have exclusive panoramic views of Fontana Lake and the Great Smoky Mountains National Park, located in Bryson City, NC. Strong 9 year rental history offers an established investment opportunity. Come enjoy a peaceful sanctuary surrounded by untouched Nantahala National Forest. Delight in being remote enough to be immersed in nature, while having quick access, just 12 minutes to downtown, restaurants, and shopping. Lake access is just a 5 minute drive to a boat ramp and marina. This property is an hour west of Asheville, NC, 2 hours from Knoxville, TN, 3 hours north of Atlanta, GA, and only 4.5 hours to the coast of SC. Investment Summary Stable long term investment opportunity with consistent returns 9 Year Established STR History 70% Occupancy Rate (w 3 night minimum and no pets) 2,072 Total sq ft on 2.1 Acres NOI - $159,217
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Listing courtesy of CENTURY 21 Connected. aaron@groundfloorproperties.com
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