Presenting The Trailblazer, an investment opportunity featuring 16 units in the heart of Townsend, TN. The property is located just 8 minutes from the entrance of the Great Smoky Mountain National Park, the most visited park in the United States, and is near both Pigeon Forge and Gatlinburg which offer a variety of attractions and activities. The recently renovated property is turn-key, showcasing brand-new kitchenettes, fixtures, and furniture ensuring residents a modern and comfortable experience. Outside, the facade and landscaping of the property have been updated and firepit areas and grills have also been added. Alternatively, the property could also be operated as a motel or as short term rentals. This option capitalizes on a market with limited competition, presenting an opportunity to increase the NOI.
Townsend is located in Tennessee. Townsend, Tennessee has a population of 597. Townsend is more family-centric than the surrounding county with 30.84% of the households containing married families with children. The county average for households married with children is 28.4%.
The median household income in Townsend, Tennessee is $74,408. The median household income for the surrounding county is $64,593 compared to the national median of $69,021. The median age of people living in Townsend is 62.1 years.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 52.6 inches per year, with 6.8 inches of snow per year.