2705 Dayne Drive , Skinny Dippin

Description

Incredible investment opportunity to purchase a cabin with a Gunite indoor pool, theater system, fire pit, incredible rental income and occupancy, and easy access location to Pigeon Forge (7 minutes to Parkway) and backroads to avoid traffic. Skinny Dipping is a consistent producer of huge rental numbers for a one bedroom cabin. In 2020 as of listing the gross rental income (not including taxes or cleaning fees - only pure rental revenue) is $92,487 with 316 nights rented. In 2019 the cabin grossed $86,001 with 310 nights booked and in 2018 produced $91,897 in gross rental income with 298 nights rented. The gross rental multiplier ratio for 2020 of listing price at 7.46x gross rental income is considerably better than the average cabin sold in 2020. And this gross rental income doesn't include taxes, cleaning fees, and other fees as many other gross rental figures do, creating an even more attractive ratio and great profitability. Outside the cabin you'll enjoy the rear porch with hot tub, outdoor fire pit in the rear area of the property, and a small patio off the pool room to sit and relax. Inside the cabin the main level really shines with the vaulted ceiling including exposed 4x8 rafters, two stone fireplaces, large kitchen (for a 1 bedroom cabin), plenty of eating space, a large master bedroom with private fireplace and ensuite bath, and a cozy family room area with stone fireplace. Upstairs is the game room loft area with a pool table and log futon for additional sleeping capacity. Downstairs is what makes the cabin stand out and perform exceptionally well. The entire lower level area is a pool room (with half bath/laundry). It features an approximate 10x14 Gunite heated swimming pool, massive theater screen with projector, ample seating, and doors to access the patio off the pool area. A high end efficiency pool heat pump heats the pool in conjunction with a traditional spa pack type heater in exceptionally cold weather. Associated docs have rental/expense