208 Amet Way, Cosby, TN 37722

Cherokee Lodge checks all the boxes for a successful short term rental cabin. The large gunite indoor pool is much larger than most in the area with three bedrooms, or no matter the size actually. The gently sloping land on over 3/4 acre lends itself perfectly for the outdoor fire pit and other outdoor amenities/fun. Guests can also keep themselves entertained with the large dedicated private theater room and separate game room. Each of the three bedrooms is large, spacious, and easily accommodates guests in comfort.nnNow lets talk numbers, where the cabin really shines. It is aggressively priced at less than $200 per square foot, which is unheard of in our market, let alone for an indoor pool cabin with some updates. Looking to invest in a cabin while also taking advantage of the 100% bonus depreciation and cost segregation? It would be difficult to find a property more ideal. The current land to overall property assessed value ratio at the County for property tax purposes is only 7.8%. With so much value assigned to the structure and its components and so little to the land this enables you to depreciate considerably more upfront than the vast majority of other properties in our area. The difference is even more stark when you look at beach markets where the land value is typically a far higher proportion of the overall property value.nnThe new owner has the option of self managing the property or using any management company they wish. The GRM (Gross Rental Multiplier) on