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Pre-construction Condos and Resorts: Smoky Mountains Area Seeing New Trend in Investment Properties
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Added: 08/31/2005
Type: Summary
Viewed: 796 time(s)
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Pre-construction Condos and Resorts: Smoky Mountains Area Seeing New Trend in Investment Properties
August 31, 2005 -- More than 13 million tourists visit the Smoky Mountains in Tennessee annually, which has made this one of the largest hot spots in the nation for real estate investment. Sevierville, Gatlinburg, Pigeon Forge and Seymour are expanding with record numbers of new homes, condos, resorts and cabins.
"The Smoky Mountains of Tennessee investment properties have certainly changed," says Turby Treadway, one of the top real estate agents in the Smoky Mountains. "Over the past 12 months, I have seen a major change in pre-construction opportunities."
"Log cabin investments has been the leading Smoky Mountains real estate product for many years," he added. "This has returned investors a phenomenal return on their dollars spent, not just in real estate appreciation, but in overnight rentals as well."
The new trend today is going toward pre-construction condos and resorts. Several new projects with pre-construction discounts will be released soon in the Pigeon Forge area.
"The real estate market in the Smoky Mountains is better than I have ever seen," stated Treadway. "With the new properties being released now and in the upcoming months, it is a perfect time for investors to take advantage of pre-construction discounts of up to $40,000 in some cases."
Apple View River Resort, an upscale development located in Sevierville, Tennessee, just recently released 90 riverfront condominiums, which have recently all been sold out, with scheduled completion beginning in August. This resort offers the finest amenities a riverfront property has to offer and is conveniently located just 7/10 miles off the parkway.
If you are looking for property in the Smoky Mountains – Sevierville, Pigeon Forge, Gatlingburg, Seymour – or whatever your real estate needs are, we can assist you. For your investment property, buying or selling a condo, log cabin or garden home, call Turby Treadway, ReMax Prime Properties, 865-428-1828; cell 865-388-0709, or visit us on the web at http://www.smoky-mountains-real-estate.com.
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