Seven doors. One closing. One area in Gatlinburg. And no HOA. Most investors spend a decade assembling what this portfolio hands you on day one. These properties include: 516 Proffitt Rd Townhomes 1 & 2, 520 Proffitt Rd Townhome 1, 537 Johnson Ln Townhomes 1 & 2, and 541 Johnson Ln Townhomes 1 & 2. Seven short term rental townhomes standing side by side in the Great Smoky Arts & Crafts Community, six miles from the most visited national park in America. Instead of relying on a single property to produce revenue, this portfolio gives you multiple income-producing units working at the same time. If one unit experiences a vacancy, the others can continue generating cash flow, helping create a more resilient and consistent revenue stream. Every unit renovated top to bottom in 2026. Every unit is fully furnished. Every unit is the same: 3 bedrooms, 2 baths, bonus room, roughly 1,500 sq ft, private hot tub, three private balconies opening into the trees with seasonal mountain views. Sleeps 8. This is not a projection on paper. These units are already live, already renting, already earning 5-star reviews, with projected gross revenue of $62,800 per unit and roughly $440,000 across the portfolio. Seven identical doors in one area means one cleaning crew, one maintenance vendor, one pricing strategy, one playbook. Scale without the chaos of scaling. The Smoky Mountain corridor at its highest demand. Walk into cash flow, not a project.
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Zillow last checked:
Listing updated:
Listed by:
Christopher Ball423-765-5153,
Keller Williams Realty865-694-5904
Source: Lakeway Area AOR,MLS#: 712450
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 8
Full bathrooms: 8
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Appliances
Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer Stacked
Laundry: In Unit, Inside, Laundry Closet
Features
Ceiling Fan(s)
Flooring: Luxury Vinyl
Windows: Insulated Windows
Has fireplace: No
Interior area
Finished area above ground: 10,850
Finished area below ground: 0
Property
Features
Levels: Two
Stories: 2
Patio & porch: Rear Porch
Has view: Yes
View description: Mountain(s), Trees/Woods
Lot
Size: 435 Square Feet
Features: Views, Wooded
Details
Parcel number: 117E H 00501 000
Construction
Type & style
Home type: Townhouse
Property subtype: Townhouse, Multi Family
Attached to another structure: Yes
Materials
Frame, Wood Siding
Condition
New construction: No
Year built: 2007
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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