Reed Schoolhouse Rd - Specialty FOR SALE


Sevierville, TN 37876
$26,000,000 USD
865-862-6412
Reed Schoolhouse Rd, Sevierville, TN for Sale
$26,000,000 USD
Specialty - FOR SALE
1/32
null | 12.47% Cap Rate

Reed Schoolhouse Rd
Sevierville, TN 37876


HIGHLIGHTS

  • Located in a booming hospitality market, with the county generating over $1 billion in annual revenue since 2021.
  • Offering a turnkey investment opportunity, with units delivered rent-ready according to the specified delivery schedule.
  • Additional investment options, including additional units, lots, and raw land, providing investors with flexibility to expand their portfolio.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$26,000,000 USD

PRICE/SF

$362 USD /SF

CAP RATE

12.47%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lodges at Reedmont

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

23.87 AC

LAND SF

1,039,675 SF

ZONING

GC

APN/PARCEL ID

037-033.00

ASK ABOUT THIS PROPERTY

Heidi AdamsNAI Koella | RM MooreMore Info
865-862-6412

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Heidi AdamsNAI Koella | RM MooreMore Info
865-862-6412

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.