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Have another deal here:

9112 Highway 41, Ringgold, GA sits on approximately 18 acres along Chattanooga Creek and includes four renovated creekside cabins plus a gutted duplex, creating multiple paths for income and value creation. Airbnb is allowed.

DEAL TERMS – FIRST COME, FIRST SERVE
• Purchase Price: $650,000
• Estimated Rehab: $185,000
• Estimated ARV: $1,250,000
• EMD Due by 02/05/25: $5,000

Dropbox Photos and Files:
https://www.dropbox.com/scl/fo/cvzfgq4oypbrl19xw0815/AOYng36EQ66lAG8-KZOYvmw?rlkey=w097eot6gzqr6zx40dfvzb4cr&st=z7ewsert&dl=0

Property highlights:
• 4 renovated cabins (6 beds / 6 baths total)
• Creek frontage with privacy and strong STR appeal
• Only ~20 minutes from Chattanooga
• Gutted duplex ready for renovation or repurposing
• Zoned R2 with additional land for future use
• Well water + oversized 2,500-gallon septic

Current operations are underutilized:
• One cabin rented long-term at $1,500/month
• One cabin owner-occupied
• One furnished and active on Airbnb
• One cabin being prepared for STR use

Last year, only one cabin was actively operated as an Airbnb and still generated meaningful revenue, including a recent $800 Thu–Sun stay. With focused management, additional cabins can be deployed into STR or LTR rotation to significantly increase NOI.

This property is well-suited for:
• STR investors
• Hybrid STR/LTR strategies
• Buyers seeking land + income near a major metro
• Groups looking for retreat-style assets

Happy to share more details, projections, or schedule a property walk with qualified buyers.

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