Reed Schoolhouse Rd - The Lodges at Reedmont
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Reed Schoolhouse Rd - The Lodges at Reedmont
71,789 SF Specialty Building Offered at $37,463,399 CAD at a 12.47% Cap Rate in Sevierville, TN 37876
Investment Highlights
- Located in a booming hospitality market, with the county generating over $1 billion in annual revenue since 2021.
- Additional investment options, including additional units, lots, and raw land, providing investors with flexibility to expand their portfolio.
- Offering a turnkey investment opportunity, with units delivered rent-ready according to the specified delivery schedule.
Executive Summary
25 newly constructed luxury cabins positioned in one of the nation's top tourism destinations. This is a unique opportunity for an investor to own a portfolio of newly constructed cabins. Additional cabins, lots and undeveloped land are also available.
Property Facts
Price | $37,463,399 CAD | Lot Size | 23.87 AC |
Price Per SF | $522 CAD | Building Size | 71,789 SF |
Sale Type | Investment | No. Stories | 3 |
Cap Rate | 12.47% | Year Built | 2024 |
Property Type | Specialty | Opportunity Zone |
Yes
|
Building Class | B |
Price | $37,463,399 CAD |
Price Per SF | $522 CAD |
Sale Type | Investment |
Cap Rate | 12.47% |
Property Type | Specialty |
Building Class | B |
Lot Size | 23.87 AC |
Building Size | 71,789 SF |
No. Stories | 3 |
Year Built | 2024 |
Opportunity Zone |
Yes |
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PROPERTY TAXES
Parcel Number | 037-033.00 | Improvements Assessment | $8,753 CAD |
Land Assessment | $9,042 CAD | Total Assessment | $17,795 CAD |
PROPERTY TAXES
Parcel Number
037-033.00
Land Assessment
$9,042 CAD
Improvements Assessment
$8,753 CAD
Total Assessment
$17,795 CAD
zoning
Zoning Code | GC (General Commercial) |
GC (General Commercial) |
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Reed Schoolhouse Rd - The Lodges at Reedmont
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