812 Powdermill Road #Units 1-12, Gatlinburg, TN 37738
Active $5,000,000
36 Full, 12 Half
36 Beds
17,662 SqFt
0.85 Acres
- INVESTORS — LET YOUR MONEY WORK FOR YOU! 12 BRAND-NEW TOWNHOMES | 36 BEDROOMS | $600K+ ANNUAL SHORT-TERM RENTAL POTENTIAL! An incredible opportunity to purchase an ENTIRE 12-UNIT TOWNHOME COMPLEX in Gatlinburg's highly desirable Arts & Crafts District, just 5 miles from Downtown Gatlinburg! Currently under construction with anticipated completion before the end of 2026, this investment offers substantial income potential, city utilities, and low-maintenance ownership. TWO INCOME STRATEGIES! - Short-Term Rentals: $600,000+ in projected annual gross revenue. - Long-Term Residential Rentals: Approximately $220,000 in projected annual gross revenue. Each of the 12 townhomes features 3 bedrooms, 3.5 bathrooms, an open-concept kitchen and living area with a centered fireplace, main-level laundry, and a convenient half bath. Upstairs, all three bedrooms offer private full bathrooms, creating an ideal layout for vacation guests or long-term tenants. LOCATION & CONVENIENCE! Easy, flat city-maintained roads with no steep mountain drives, front-door parking, attractive stone exterior accents, and convenient access to Gatlinburg's attractions, shopping, and dining. HOA includes water, sewer, and trash, simplifying ownership and management. Zoned R-2, offering flexibility for short-term rentals, long-term rentals, or a combination of both. 12 UNITS | 36 BEDROOMS | 42 TOTAL BATHROOMS | 5 MILES TO DOWNTOWN GATLINBURG A rare opportunity to acquire an entire new-construction complex with multiple income strategies in one of East Tennessee's most popular vacation destinations. BUILD YOUR PORTFOLIO AND LET YOUR MONEY WORK FOR YOU! Rental projections are estimates of potential gross revenue and are not guaranteed.
- Year Built: 2026
- Air: Other
- Heat: Heat Pump
- Water: Public
- Sewer: Public Sewer
MLS#: 3624123
Could this be the one?
36 bed · 48 bath
Alex Warren, REALTOR®
Affiliate Broker, PARIS
731-819-7536
My name is Alex Warren, and I am happy to call Dresden, Tennessee, my hometown. Growing up on a chicken farm instilled in me a strong work ethic and a deep appreciation for the value of hard labor. I ...
What if this was home?
36 bed · 48 bath · 17,662 sq ft