10,850 SqFt
10,850 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,850 sqft
Price per Sqft $313
Subdivision Cambridge Estates
MLS Listing ID 1308117
Year Built 2007
Lot Dimensions IRR
Source East Tennessee REALTORS® MLS
Property Description
An exceptional opportunity to own the majority of Cambridge Estates, this 7 unit offering totals 10,850 square feet, featuring 21 bedrooms and 14 bathrooms across a cohesive and well maintained collection of properties. Whether you're a seasoned investor looking to scale, a company seeking dedicated lodging, or an organization planning for long term housing solutions, this portfolio delivers unmatched versatility and upside.
Each unit is thoughtfully designed with modern comfort in mind, offering spacious layouts and quality finishes. The development's strategic layout and consistent styling create an ideal setting for short-term rental income, corporate retreats, employee housing, or a hybrid approach.
Opportunities of this scale and stability rarely hit the market in such a strong location. With infrastructure already in place and multiple exit strategies available, this is a smart play for serious buyers looking to control and capitalize on a high-demand footprint. The possibilities here are substantial, own the majority, shape the vision, and lead the future of Cambridge Estates.
More pics are available upon request
Location
State TN
County Sevier County - 27
Rooms
Family Room Yes
Other Rooms Bedroom Main Level, Family Room
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Laminate, Tile
Furnishings true
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Heat Source Central, Electric
Exterior
Exterior Feature Deck
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Metal
Garage No
Building
Faces From downtown Gatlinburg take 321 towards Cosby for 3.9 miles the turn left on Proffitt Rd. Continue on Proffitt Rd for approximately a mile. You will come to Johnson Lane first and the following road is where the remaining units are located
Structure Type Frame
Others
Restrictions Yes
Tax ID 117E H 004.00
Security Features Smoke Detector
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional