- For Sale $1,625,000
- Property Type Multi-Family
- Property Size 7,695 SF
- Units 22
- Lot Size 3.4 Acre
- # of Floors 2
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1960
- Date Updated Apr 21, 2026
Description
Gatlinburg Multi-Family
Former motel/ vacation rental property that has been converted to monthly rental property. The tenants are comprised of tourism employees that pay rent on a weekly basis to the manager. Most of these tenants pay weekly, but a few pay monthly. 100% Occupied Multifamily property located on East Parkway 3.5 miles from Downtown Gatlinburg.(22) total units (8) separate buildings. Most units are (1) Bedroom/ (1) Bath with long term tenants that pay rent weekly. Currently there is a waiting list for tenants. Onsite management "in place" managing two properties.
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Contacts
SIG Real Estate
Location
SIG Real Estate