329 Ownby St Unit 1402, Gatlinburg, TN 37738

$479,900
: 2
BD
: 2
BA
: 1,026
SqFt

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List Price: $479,900
MLS#: 1357665
Status: ACTIVE
Type: Condo
City: Gatlinburg
County: Sevier
Bedrooms: 2
Bathrooms: 2
Living Area: 1,026
Year Built: 2016

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Property Description

$70,000 RENTAL GUARANTEE!! On top of the rental guarantee, chat with your accountant about the possibility of enormous tax advantages through bonus depreciation and a cost segregation study. Stabilized NOI of roughly 35K. 1.28X DSCR. Are you ready to start your Smoky Mountain real estate portfolio, but don't have a million dollars to begin? This condo is less than .2 miles to Gatlinburg Parkway, .4 miles to GSMNP entrance, and .5 miles to Gatlinburg Trail Trailhead. This complex was completed in 2026 so all the mechanicals and big ticket items have decades left on them before they should need replacing.

(865) 640-8387

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Additional Information

Acres: 0.01
HOA Frequency: Monthly
HOA Fee: $300
Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
Construction: Block, Frame, Fiber Cement
Cooling: Central Air
Exterior Features: Windows - Vinyl, Balcony
Floors: Luxury Vinyl Plank
Garage: Off Street, Assigned
Living Area: 1,026
Lot Description: Other
Style: Traditional
Year Built: 2016