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    328 & 332 Lost Creek Road

    Reliance, TN 37369
    • $975,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: 1138968
    UPDATED: 45 min ago
    $975,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20
      SQFT
    • $48,750
      $/SQFT
    Type:
    Multi-Family
    Built:
    1996
    County:
    Area:

    School Ratings & Info

    Description

    this property offers a fantastic opportunity to purchase an established cabin rental business that includes 7 cabins on 20.5 acres bordered by the Cherokee National Forest and a large creek that flows year round with beautiful mountain views in every direction. It's just 2 miles from the scenic Hiwassee River and 7 miles from the Ocoee river, both rivers see thousands of tourists every year for whitewater rafting and trophy fishing. One of the residences is a log cabin with 2 bedrooms, 1.5 baths and a bonus room or 3rd bedroom. The other residence is a log cabin with 1 bedroom, 1.5 baths, a loft and unfinished basement. Both log cabins include backup generator systems that run on liquid propane. They both have covered front porches and huge covered back porches facing the mountains.Both log cabins have attached covered carports. The 5 rental cabins consist of 3) 1 bedroom/1 bath and 2) 2 bedroom/1 bath and range in size from 325 sq ft to 750 sq ft. All 7 cabins are individually metered for electricity and have their own septic systems and 2-3 car driveways. All 5 rental cabins have large covered porches and are fully furnished with 3 of them having Jacuzzi's and 4 having washer/dryer hookups. They are all featured on Airbnb with super host status. There is a common area that has an out building with electricity and a huge communal fire-pit. This property's water is supplied by 2 separate 400+ ft deep wells that connect together and feed the whole property. business website: www.lostcreekcabins.com

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    © 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Cindy Kraus Group | Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Cindy Kraus Group | Realty Executives Associates. Data last updated: 2021-01-25T13:56:45.63.
    www.ckrausgroup.com/homes/112902893
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    328 & 332 Lost Creek Road Reliance, TN 37369

    • Price: $975,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: 1138968
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    20
    SQFT
    $48,750
    $/SQFT
    1996
    Built
    County:
    Polk
    Area:
    Reliance
    Property Description
    this property offers a fantastic opportunity to purchase an established cabin rental business that includes 7 cabins on 20.5 acres bordered by the Cherokee National Forest and a large creek that flows year round with beautiful mountain views in every direction. It's just 2 miles from the scenic Hiwassee River and 7 miles from the Ocoee river, both rivers see thousands of tourists every year for whitewater rafting and trophy fishing. One of the residences is a log cabin with 2 bedrooms, 1.5 baths and a bonus room or 3rd bedroom. The other residence is a log cabin with 1 bedroom, 1.5 baths, a loft and unfinished basement. Both log cabins include backup generator systems that run on liquid propane. They both have covered front porches and huge covered back porches facing the mountains.Both log cabins have attached covered carports. The 5 rental cabins consist of 3) 1 bedroom/1 bath and 2) 2 bedroom/1 bath and range in size from 325 sq ft to 750 sq ft. All 7 cabins are individually metered for electricity and have their own septic systems and 2-3 car driveways. All 5 rental cabins have large covered porches and are fully furnished with 3 of them having Jacuzzi's and 4 having washer/dryer hookups. They are all featured on Airbnb with super host status. There is a common area that has an out building with electricity and a huge communal fire-pit. This property's water is supplied by 2 separate 400+ ft deep wells that connect together and feed the whole property. business website: www.lostcreekcabins.com
    Exterior Features

    Construction Other Driveway Gravel Exterior Features Porch - Covered Garage Parking None Lot Size 20.5 Acres Siding Other

    Interior Features

    Cooling Central Cooling Floors HardwoodVinyl Fuel Electric Heat Central Misc Features Hot TubOtherWasher/Dryer Connect Other Rooms Other

    Property Features

    Auction YN No City County Code County City Taxes 0.00 County Taxes 1788.54 Gross Annual Income 55000.00 Multifamily Sub Type Other New Financing Conventional Property Status N/A Pud YN No Sale Includes Building And Land Total Tax 1788.54 Type Of Units 1 Bedroom Unit2 Bedroom Unit Utilities Mo Avg 0.00

    Listing information © 2021 Knoxville Area Association of REALTORS®, Inc.
    Listing provided courtesy of Keller Williams Athens.


    © 2021 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Cindy Kraus Group | Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Cindy Kraus Group | Realty Executives Associates. Data last updated: 2021-01-25T13:56:45.63.
     
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    Cindy Kraus Group | Realty Executives Associates
    109 S. Northshore Dr. Ste. 200
    Knoxville TN, 37934