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…
The Story
516 537 proffitt rd johnson lane 1-7
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.
Facts & Features
Property Info
Price
$4,100,000
Completion Year
2,007
Living Space
10,850 sq ft
Bedrooms
21
Bathrooms
14
Features & Amenities
Scenic View
Enjoy beautiful outlooks that bring the surroundings into your home.
Central Cooling
Stay comfortable year-round with efficient climate control.
Image Gallery
Explore Every Detail
Tell us where you are in your search
Interested in this, or something like it?
Yes, this is it
Drop your details and we will help you find what you are looking for.
Step 1 of 4
Not quite. Help me find the right one
Talk it through, or type it out. e.g. "4 bedrooms, walking distance to good schools, somewhere quiet near Gatlinburg, under $2.4M."
Got it!
We're matching homes to what you described and will reach out shortly.