Gatlinburg Real Estate Blog

The old real estate adage is always appropriate, and never more so than with this 6 unit town home building in Pigeon Forge. Literally just one mile from the heart of Pigeon Forge (traffic light number 3 on the Parkway which is the intersection of US Highways 321 and 441), these town homes feature 3 bedrooms, and 2 or 3 baths with all city utilities. As you can see below, the return for a savvy investor can be astounding. Here are the numbers an investor could achieve: Projected Income: Four 3 bedroom, 3 bath units at $1,000/month = $4,000 income monthly Two 3 bedroom, 2 bath units at $900/month    = $1,800 income monthly Total Projected Gross Income                          $5,800 monthly Less Projected Expenses: Property Insurance                                             =  $400 monthly Propert...

The old real estate adage is always appropriate, and never more so than with this 6 unit town home building in Pigeon Forge. Literally just one mile from the heart of Pigeon Forge (traffic light number 3 on the Parkway which is the intersection of US Highways 321 and 441), these town homes feature 3 bedrooms, and 2 or 3 baths with all city utilities. As you can see below, the return for a savvy investor can be astounding. Here are the numbers an investor could achieve: Projected Income: Four 3 bedroom, 3 bath units at $1,000/month = $4,000 income monthly Two 3 bedroom, 2 bath units at $900/month    = $1,800 income monthly Total Projected Gross Income                          $5,800 monthly Less Projected Expenses: Property Insurance                                             =  $400 mon...