1541 Lower English Creek Rd, Newport, TN 37821
3,000 SF Specialty Building Offered at $1,224,900 in Newport, TN 37821
For Sale
Active
Asking Price $1,224,900
- Property Type
-
Specialty
- Square Feet
- 3,000 SF
- Price / Square Foot
- $408
Listing Contacts
Joshua Moore
Property Overview
With proven rental history of $124k in 2023 and with it on pace to produce $180k in 2024, this conveniently located property near local attractions, hiking trails, white water rafting, and more is the perfect investment property for you. The English Creek Hideaway is not just a multi-structure property; it's an investment in your future. This unique property offers a blend of rustic charm and modern comfort, presenting an unparalleled opportunity for short-term rental income. Situated along the serene banks of a year around 1168 ft creek, this property is more than a home; it's an experience waiting to be shared. Immerse yourself in the glamping phenomenon with a collection of 6 thoughtfully designed units that redefine the art of camping. Each glamping unit is a cozy retreat, meticulously crafted to provide comfort without compromising on the authentic outdoor experience. From luxurious A-frame structures to charming chalets, guests can reconnect with nature while enjoying modern amenities. These glamping units are a magnet for adventure seekers or those looking for romantic getaways, offering a unique alternative to traditional lodging options. Each chalet offers private showers, saunas, tubs, and courtyards. The main house, a beautifully updated 3 bedroom and 2 bath space with 1,232 sq ft, can be used as another rental unit or a mainstay home for an owner who would like to live onsite while managing the property. There is a community barn that offers guests a cozy place to play games, grill out, commune, or even host a wedding. This property is truly One Of A Kind, and with all the engineering and with the multiple septic systems already in place, it is turn key and positioned for continued success. It is a MUST SEE. Bring your visions and dreams to life on this already well established income producing property. Call your agent and schedule a showing today. English Creek Hideaway is on pace to produce over $160,000.00 in income for 2024. OWNER FINANCING AVAILABLE!!
Property Details
- Class
- B
- Year Built/Renovated
- 1994/2022
- Stories
- 1
- Lot Size (sq. ft)
- 174,240 SF
Highlights
- Multiple Units
- On track for $180,000 in gross income for 2024
- Conveniently Located
Nearby Properties
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