225 Collier Dr, Sevierville, TN, 37862

Amount undisclosed

1
1
392 sq. ft.

Condo

Sold: Oct 24, 2023

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About this property

THIS IS A WAY TO OWN OVERNITE RENTAL PROPERTY & HAVE IT COMPLETELY MANAGED FOR YOU. CONDOTEL!!!! STAYS BUSY..INDOOR WATER PARK FOR WINTER FUN AND OUTDOOR PARK TOO, EXERCISE ROOM, ARCADE ROOM, LAZY RIVER & CHILDRENS POOLS, MINI GOLF, PLAYGROUND, SAUNA, ETC...THESE HAVE BEEN STEADY RENTALS FOR YEARS !! NOW YOU CAN HAVE A RENTAL PROPERTY FOR LESS MONEY & HAVE IT RENTED EASILY....THIS IS CALLED A STUDIO UNIT/QUEEN UNIT..THE CONDO HOA REQUIRES UPDATING TO KEEP IT LOOKING GOOD SO IT'S ALWAYS MODERN AND LOOKING GOOD. GRANITE IN KITCHEN AND BATH. CONDOTEL CONDO'S IS THE WAY TO GO TO HAVE INVESTMENTS AND A PLACE TO COME AND THE HOA PAYS EVERYTHING, CABLE, SEWER, WATER, ETC SEE THE TWO INCOME SHEETS ON YEAR END IN THE DOCS THE MANAGEMENT FEE IS 45% OF THE ROOM REVENUE! GREAT WAY TO HAVE RENTAL PROPERTY...

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