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Kentucky Lake Area Tiny Homes 10959 US-79 Hwy 2 Unit Dormitory $506,732 CAD ($253,366 CAD/Unit) 11.75% Cap Rate Springville, TN 38256
INVESTMENT HIGHLIGHTS
- Average rent for tiny home averages $195/night and they usually short term rented 120-150 nights per year see proforma
- Complete with firepit area, covered porches and decks
- One year warranty
- These 2 units have never been rented
- Paved parking for trucks pulling boats
- 2 Tiny Homes on 1.5 acres
EXECUTIVE SUMMARY
2 tiny homes on joining lots, perfect for Airbnb, Minutes to marinas and Kentucky Lake, Ample paved parking for trucks pulling boats.
These are band new never lived in units set up ready to move in with 12-month warranty. Typical tiny home short term rent is $195/night. Seller has financing available to qualified buyers. All rent figures are based on proforma.
These are band new never lived in units set up ready to move in with 12-month warranty. Typical tiny home short term rent is $195/night. Seller has financing available to qualified buyers. All rent figures are based on proforma.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Microwave
- Refrigerator
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 2 | - | - |
1 1
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Kentucky Lake Area Tiny Homes | 10959 US-79 Hwy
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