Cottage in the Clouds

Hospitality for Sale
Also listed as Multi-Family
Catylist Listing ID: 30295965
Property Subtypes: Vacation Rental(s)
Number of Units: 5 Units
Building Size (RSF): 6,180 SF
Gross Building Area: See Agent
Gross Land Area: 4 Acres
Sale Price: $850,000
Unit Price: $170,000 Per Unit
Property Use Type: Investment
Name of Establishment: Cottage in the Clouds
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 8/6/2018

Overview / Comments

Cottages in the Clouds is a unique group of 5 cabins on Lookout Mtn just 25 minutes from Chattanooga. Sold together & furnished these well-maintained homes are linked by a pond, pavilion, fire pit & nice open yard as common ground for games or gardening. Individually plotted with their own utilities, lots & parking adds great flexiblity in use & sale. Each original design features inviting porches, gas log fireplaces, wood floors, nice baths, generous bedrooms, laundry & lots of closets. The options are endless from family getaway to weekend or full time rentals. Cabin #1 The Hemlock is 1080sf 3BR/2B, Old Hickory #2 has 1043sf 3BR/2B, #3 Maple Cottage 1182sf 3BR2B w/ hot tub, #4 Chestnut Oak is 1320sf 3BR2B & Dogwood Cottage #5 w 1560sf has 4BR/2B. Call today $850,000.00

Additional Details

Nearest MSA: Chattanooga
County: Dade
Tax ID/APN: 042 00 062 05, 042 00 062 04, 042 00 062 02, 042 00062 01, 042 00 062 03,042 00 062 00.
Retail Clientele: Family, Traveler, Tourist, Recreation
Total Number of Buildings: 5
Year Built: 2003

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,450 10,455
Median Age: 33.71 36.76
Households: 2,616 3,810

Contact

Photograph of Listing Agent

Lora D Poore

Bellora REALTORS llc Greater Chattanooga REALTORS® Member
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