E2 investor VISA Business for sale | 4 cabins rental in Sevierville, TN
Posted: under Investments.
Tags: Business for sale, Cabin business for sale, Cabin rental E2 Business for sale, E2 VISA business for sale, Gatlinburg, Great Smoky Mountain cabins for sale, Pigeon Forge cabins for sale on 8 acres
Ideal 4 cabins rental properties on 8 Acres for owners/operators and qualifying for E2 visa.
This business will qualify for foreign investors seeking an E2 investor Visa.
Grossing $75,000+/year and could be better if on site owner and if rented as overnight.
Possibility to built 2 more units and cottage on the creek side.
20 minutes from the Great Smoky Mountains National Park with 11 millions visitors/year!
This property has huge potential. I strongly suggest to use the basements and garage as home theater and game room/entertainment area with big flat screen TVs. With the 2 other cabins built, this property will have 6 cabins in total. The potential rent for those completed cabins could be as follow:
1 X 4 bedrooms cabin: $45K/year
2 X 2 bedrooms cabin: $64K/year (2 X $32K)
3 X 1 bedroom cabin: $75K/year (3 X $25K)
Cottage/camping site/RV space could go from $25/night to $60/night with a potential of $$36K/year
So the total potential gross could reach the $220,000 mark per year.
The 2 cabins that can be built would cost a roughly $160K for both.
The cottage are smaller studio like cabin that can be extremely competitive if priced below $60/night because that will be a cheaper alternative to hotel room while bigger,more private and located in a better environment.
Asking: £590 000/$945,000/725,000 Euros | 70% financing in place already | £180,000/$315,000/225,000 Euros down (30%)
Claude THOMAS
1-865-237-5043
www.isellsevier.com/156868

Sevierville cabin E2 investor visa business for sale
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Feb 08 2010

