SMOKY MOUNTAINS

PIGEON FORGE TN.

🏠 SUBTO

💰Entry Fee- $59,000 +TC + CC

🔥3.49% INTEREST RATE🔥

Contract For Assignment

Interested in this deal contact Brayton 831-227-030

DEAL BREAKDOWN

BUY AND HOLD STR INVESTORS! 

Take over payments via "Subject To" with this low Entry Fee, great interest rate log cabin!!!  This log cabin is located right in the action of Pigeon Forge Tn. Close to the Island and all the attractions. With some cosmetic upgrades, design touches, good listing copy, pricing strategy and quality management this cabin will be a great addition to any portfolio!!!

 *Property needs some updating and TLC, will make a great project cabin with a location thats hard to beat! please reach out for inspection report!

💰 PURCHASE PRICE $586,411.45k

🔥 ENTRY FEE/DOWNPAYMENT $59,000 plus CC + TC (includes cash to seller, agent commission and assignment)

✅ Debt taken Over Subject To ~$527,411.45 ( 8 YEAR BALLOON)

✅ Monthly PI ~$3,104.57

✅ HOA $42 (monthly) (no access to pool and hot tub if self managing)

✅ Interest Rate 3.49%

✅ (STR Friendly Zoning, Self Management Allowed) 

• Sleeps 6 guests

• 1bd plus bonus bedroom, (will rent like a 2 bedroom!!! 

  *Bedrooms are located upstairs and are separated and private but are open air loft style. One master with fireplace and a second room with no door that would make a great bunk room!

• 1.5 Baths

• Comes fully furnished

• Hot Tub

• Proof of funds & $5k Non refundable EMD due within 24 hours of signing

*AGENTS BRINGING A BUYER - PLEASE ADD YOUR FEE ON TOP

Interested in this deal contact Brayton 831-227-0300

*ATTENTION* OD holds a signed and executed legally binding contract to purchase the property mentioned above. All terms have been pre-negotiated and agreed upon with all sellers and agents involved. This deal and our equitable interest in it, is only available as an assignment of contract to an end buyer. Please do not under any circumstance contact the agent or seller directly. If you're interested in this deal, please direct any and all communications to Brayton Furlong 831-227-0300 Thank you!!!

 Buyer to conduct their own due diligence to verify and confirm all presented information for accuracy. OD and its associates will not be held liable or responsible for any inaccurate information, assumptions or decisions made based on this information. OD 2024