104-116 Circle RD new

Newport,TN 37821

$ 1750000

10 Beds

10 Baths

178596 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 178,596 sqft

Price per Sqft $9

MLS Listing ID 708173

Style Cottage,Log

Bedrooms 10

Full Baths 9

Half Baths 1

Year Built 2017

Annual Tax Amount $1,659

Lot Size 4.100 Acres

Acres 4.1

Lot Dimensions 4.1

Property Sub-Type Multi Family

Source Lakeway Area Association of REALTORS®

Property Description

Unwind Acres - Turnkey Investment Opportunity in East TN with Multiple Income Streams!

Investors, take note! Located at 104-116 Circle Rd in Newport, TN, Unwind Acres spans 4.1 unrestricted acres and includes a fully operational campground with 9 RV pads and eight income-producing rental units. Grossing over $150,000 in revenue over the past 12 months, this property is a cash-flowing powerhouse ready for its next owner.

The campground offers a peaceful setting with RV/camper hook-ups and expansion potential. The 8 rental units include a mix of cabins, tiny homes, and a large modular home, along with 9 camper pads, all serviced by septic and city water with high-speed internet available. Each unit is currently rented, providing steady, diversified income. The possibilities with this property are almost endless to include weddings with your own private chapel.

Just about 30 minutes to Sevierville, Pigeon Forge, or Gatlinburg, and 15 minutes from white water rafting on the Pigeon River, this property is ideally located for both long-term and vacation rental traffic. With easy access to I-40 (10 minutes) and local amenities, Unwind Acres is perfectly positioned to attract tenants and travelers alike.

Whether you're growing your portfolio or breaking into short-term rentals, this is a rare find with real numbers and serious potential. Call today to setup your private showing, this is one you don't want to miss out on!

Location

State TN

County Cocke

Direction From I40 East take exit 435, go right on US 321 South for approximately 4.3 miles, turn left onto Old Hwy 32, then turn left onto Circle Rd. GPS Friendly. Sign on Property.

Interior

Interior Features Ceiling Fan(s),Granite Counters,High Speed Internet,Kitchen Island,Soaking Tub,Storage,Whirlpool Tub

Heating Central,Electric,Heat Pump,Separate Meters,Varies by Unit

Cooling Ceiling Fan(s),Varies by Unit,Wall Unit(s),Other

Fireplaces Type Electric,Family Room,Metal

Fireplace Yes

Exterior

Exterior Feature Fire Pit,Outdoor Grill,Private Entrance,RV Hookup

Utilities Available Cable Available,Electricity Available,Electricity Connected,Water Available,Water Connected

Roof Type Shingle

Accessibility Grip-Accessible Features

Porch Covered,Front Porch,Porch

Building

Lot Description Back Yard,Cleared,Front Yard,Level,Paved,Views

Foundation Combination

Water Public,See Remarks

Architectural Style Cottage,Log

Structure Type Log,Vinyl Siding

Others

Senior Community No

Tax ID 038.00

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