328 & 332 Lost Creek Rd.

    Reliance, TN 37369
    • $975,000
    • STATUS: Active
    • ON SITE: 44 days
    • MLS #: 20200878
    UPDATED: 71 min ago
    $975,000
    • 0
      BEDS
    • 20.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,910
      SQFT
    • $165
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    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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    © 2020 River Counties Multiple Listing Service. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mark Hite Team. Data last updated: 2020-04-03T12:47:36.817.
    www.markhitehomes.com/homes/103327755

    328 & 332 Lost Creek Rd. Reliance, TN 37369

    • Price: $975,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 20200878
    0
    Beds
    0
    Baths
    0
    ½ Baths
    20.5
    Acres
    5,910
    SQFT
    $165
    $/SQFT
    1996
    Built
    Neighborhood:
    Polk-Ne
    County:
    Polk
    Area:
    Polk-Ne
    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

    Cooling Type Central CoolingElectric Cooling Heating Type CentralElectricOther - See Remarks Land Type CommercialMulti Family Location Type Rural Lodge Type Economy/Limited Services Material Type Wood Parking Gravel Road Frontage State/County Road Roof MetalPitchedShingle/Shake Sewer Septic Tank Structure Condition Good Water Source Well

    Interior Features

    Floor Types Solid HardwoodVinyl Sq Ft Range 3000-5999 Water Heater Electric Hot Water

    Property Features

    Approx Lot Dimensions 20.5 Est Gross Annual Receipt 55000 Estimated Age Range 21-25 Years Estimated Tax 1788.54 Existing Financing Private/Owner Financing Conventional Lender Approved Short Sale No Owner Finance Available No Possession At Closing Source Tax Record Special Purpose Recreational Third Party Approval Req No Type Lodging/Hospitality Type Of Sale Owner Zoning Commercial General

    Listing provided courtesy of Paul Monticelli of Keller Williams Athens.


    © 2020 River Counties Multiple Listing Service. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mark Hite Team. Data last updated: 2020-04-03T12:47:36.817.
     
    The Mark Hite Team
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    Chattanooga TN, 37408
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