This portfolio of 20 furnished one to eight-bedroom rental cabins is located within an appealing wooded cabin resort in the heart of the Gatlinburg Arts & Crafts Community. There is convenient access to area shopping, restaurants, and attractions. The cabins are located on Spirit Loop Way and Glory Ridge Way.
Hemlock Hills is located less than one mile from Rocky Top Sports World, Gatlinburg's new $20 million dollar, 80-acre sports tournament and events complex which opens in the summer of 2014. It is projected to generate 12,100 lodging room nights to the Gatlinburg market in its first year of operations. Lodging property owners may enter into a participation agreement that will allow them to receive leads for all events held at the sports complex.
Sales Info:
■ Commision split: 4.0%
Location Description:
Hemlock Hills, cabin resort planned unit development, is located within the city limits of Gatlilnburg, Tennessee and is within the Gatlinburg Arts & Crafts Community.
Highlights:
■ Bank REO property
■ 20 cabins and lodges in upscale cabin resort P.U.D.
■ 81 total bedrooms
■ Each cabin beautifully furnished, with an abundance of amenities
■ Price is 6.5% below $5,879,600 tax appraised value
■ View multiple photos and lists of amenities for each cabin size at www.hemlockhillsgatlinburgresort.com
Pricing: $5,500,000
Availability: Now
Listing ID: 522417
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