1250 Reedmont WaySevierville, TN 37876

Property Details for 1250 Reedmont Way

Year built

2024

Lot size

113.00 AC

Property size (Sq ft)

71,048 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This exceptional investment opportunity presents 25 newly constructed, fully furnished luxury cabins situated in the prestigious Lodges at Reedmont, Sevierville, Tennessee. The property boasts a total of 71,048 square feet across 113 acres, offering a compelling Core+ investment profile. Each cabin is designed for short-term rentals, ensuring immediate revenue generation. The property's strong financial performance is reflected in its projected 12.47% pro-forma cap rate and a pro-forma NOI of $3,242,704. Built in 2024, this turnkey operation provides a seamless transition for the new owner. The asking price is $26,000,000, translating to $365.95 per square foot. The property is offered fee simple, providing complete ownership. Additional cabins, lots, and undeveloped land are also available for acquisition. This is a rare chance to acquire a high-performing, luxury short-term rental portfolio in a prime Sevierville location. Detailed financial information is available upon request. The property is located at 1250 Reedmont Way, Sevierville, TN 37876.

Location Insight

City

Sevierville

County

Sevier

State

Tennessee

Latitude

35.9024

Longitude

-83.5996

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