Seven doors. One closing. One area in Gatlinburg. And no HOA. Most investors spend a decade assembling what this portfolio hands you on day one. These properties include: 516 Proffitt Rd Townhomes 1 & 2, 520 Proffitt Rd Townhome 1, 537 Johnson Rd Townhomes 1 & 2, and 541 Johnson Rd Townhomes 1 & 2. Seven short term rental townhomes standing side by side in the Great Smoky Arts & Crafts Community, six miles from the most visited national park in America. Every unit renovated top to bottom in 2026. Every unit is fully furnished. Every unit is the same: 3 bedrooms, 2 baths, bonus room, roughly 1,500 sq ft, private hot tub, three private balconies opening into the trees with seasonal mountain views. Sleeps 8. This is not a projection on paper. These units are already live, already renting, already earning 5-star reviews, with projected gross revenue of $62,800 per unit and roughly $440,000 across the portfolio. Seven identical doors in one area means one cleaning crew, one maintenance vendor, one pricing strategy, one playbook. Scale without the chaos of scaling. The Smoky Mountain corridor at its highest demand. Walk into cash flow, not a project.
Listed By
Agency Name: Keller Williams Realty Knoxville
Agency Phone: 865-694-5904
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 10,320.66 per month $9,124.82 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,195.83 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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516 & 537 Proffitt Rd & Johnson Ln, Unit 1-7 | MLS# 9999038
This condo located at 516 & 537 Proffitt Rd & Johnson Ln, Unit 1-7, Gatlinburg, TN 37738 is currently listed for sale with an asking price of $4,100,000. This property was built in 2007 and has 21 bedrooms and 14 full baths with 1550 sq. ft. & 537 Proffitt Rd & Johnson Ln, Unit 1-7 is located in the Not Listed subdivision. Search Not Listed real estate on www.crye-leike.com today.