Pigeon Forge Creekfront Cabin Retreat

This property is a rare, large-capacity short-term rental asset in the heart of Pigeon Forge, designed to capture group and family bookings—a key demand segment in this market. Its established income history, resort management, and unique creek-front setting enhance its appeal and operational ease for investors seeking turnkey performance. The underwriting projects robust cash flow and a high cash-on-cash return, assuming continued strong occupancy and ADR. The primary caveat is that returns are highly sensitive to market conditions and the ability to sustain premium group rates, so ongoing demand and STR regulations should be closely monitored.

Pigeon Forge, TN is a well-established short-term rental market, particularly for large cabins catering to family and group travel in the Smoky Mountains. The area benefits from strong tourism demand, but performance is subject to seasonal swings and competitive supply. This property’s size and amenity set position it well for the group rental segment, though ongoing monitoring of market trends and regulatory environment is advised.

The property is situated on Caney Creek, offering a rare waterfront setting with easy access and no steep roads, which enhances guest appeal for families and groups. Proximity to downtown Pigeon Forge and Gatlinburg attractions supports strong rental demand. While detailed neighborhood-level demand signals are limited, the location and property type are consistent with high-performing STR assets in this region.

At a $1,299,000 purchase price, underwriting projects a monthly expected income of $17,689 and cash flow of $6,767, with a 31.3% cash-on-cash return based on a 20% down payment, 25% expense ratio, and 6.4% interest rate. These projections assume a $938 ADR and 62% occupancy, both of which are achievable but should be validated against current market trends. The high projected return is attractive, but investors should recognize that performance is highly sensitive to occupancy and nightly rate assumptions, and diligence should confirm the sustainability of these figures.

Asking sits within the modeled range.