Tennessee’s Great Smoky Mountains are one of the most popular vacation destinations in the United States, attracting over 11 million visitors each year. Purchasing a cabin in the Smokies is one of the very best investments you can make in this quickly growing market. For nearly 20 years, Mighty Peaks Real Estate has been helping investors find the perfect properties for their portfolio. Here are the top four reasons you should invest in a cabin in the Smoky Mountains:
1. You’ll Have a Family Vacation Home
If your family makes frequent visits to the Smoky Mountains, having your own cabin can be hugely beneficial. Rather than renting a cabin or paying for a hotel room every time you come to the Smokies, you will have a beautiful home away from home waiting for you.
When you have your own cabin, you can customize it with all of the amenities and features you want to enjoy during your getaway. With properties located minutes away from the Great Smoky Mountains National Park and the Dollywood theme park, a cabin in Gatlinburg, TN or Pigeon Forge, TN is perfect for a family vacation. Returning to your cabin year after year can be a cherished tradition that your children or grandchildren will never forget.
2. Renting Your Cabin Generates Income
When your family isn’t using your cabin in the Smoky Mountains, it will be generating money for you. Renting out your property to other vacationers can be a very profitable revenue stream for cabin owners.
Mighty Peaks Real Estate has a number of sister companies that specialize in vacation rental management, including Aunt Bug’s Cabin Rentals, Acorn Cabin Rentals, and Top Cabin Rentals. These companies will market your cabin and take care of check-in, check-out, cleaning, and maintenance. Signing with a property management company allows cabin owners to make money without having to worry about the day-to-day logistics of renting their vacation home.
3. Diversifies Your Investments
One of the key strategies of investing is diversification. When you have a portfolio that is made up of investments in just one industry, you run the risk of putting all of your proverbial eggs in one basket. Buying a cabin in the Smokies is a great way to broaden your portfolio with something different than stocks.
4. Perfect for Retirement
The Smoky Mountains have been named one of the nation’s best places to retire by Where to Retire magazine. With its incredible natural beauty and peaceful atmosphere, it’s easy to see why so many people relocate to Sevier County each year. When you purchase a cabin in the Smoky Mountains, your vacation home can transition into your retirement home. Even if you don’t want to live in the Smokies full time once you retire, you could still spend a few months each year relaxing in the mountains.
With our expertise and market knowledge, Mighty Peaks Real Estate can help you find the best deals and best properties to maximize your ROI. To start searching for your dream cabin in the Smoky Mountains, browse our Listings page.
