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Reed Schoolhouse Rd - The Lodges at Reedmont 71,789 SF Specialty Building Offered at $36,293,921 CAD at a 12.47% Cap Rate in Sevierville, TN 37876
INVESTMENT HIGHLIGHTS
- Located in a booming hospitality market, with the county generating over $1 billion in annual revenue since 2021.
- Additional investment options, including additional units, lots, and raw land, providing investors with flexibility to expand their portfolio.
- Offering a turnkey investment opportunity, with units delivered rent-ready according to the specified delivery schedule.
EXECUTIVE SUMMARY
25 newly constructed luxury cabins positioned in one of the nation's top tourism destinations. This is a unique opportunity for an investor to own a portfolio of newly constructed cabins. Additional cabins, lots and undeveloped land are also available.
PROPERTY FACTS
| Price | $36,293,921 CAD | Lot Size | 23.87 AC |
| Price Per SF | $505.56 CAD | Building Size | 71,789 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 12.47% | Year Built | 2024 |
| Property Type | Specialty | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | GC - General Commercial | ||
| Price | $36,293,921 CAD |
| Price Per SF | $505.56 CAD |
| Sale Type | Investment |
| Cap Rate | 12.47% |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 23.87 AC |
| Building Size | 71,789 SF |
| No. Stories | 3 |
| Year Built | 2024 |
| Opportunity Zone |
Yes |
| Zoning | GC - General Commercial |
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PROPERTY TAXES
| Parcel Number | 037-033.00 | Improvements Assessment | $8,529 CAD |
| Land Assessment | $8,809 CAD | Total Assessment | $17,338 CAD |
PROPERTY TAXES
Parcel Number
037-033.00
Land Assessment
$8,809 CAD
Improvements Assessment
$8,529 CAD
Total Assessment
$17,338 CAD
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Reed Schoolhouse Rd - The Lodges at Reedmont
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