We have an exciting opportunity to own a 2 bedroom one bath home, 800 sq ft, close to Center Hill Lake in Smithville TN on Widlwood Rd that can easily be converted to a three bedroom house with some minor renovations. The house needs some work, but has a lot of potential to become a STR money maker. 

The average cap rate for STRs in this market is 6.58%, which means you can expect a high return on your investment. We could also include STR property management for you remote investors. 

Air DNA has the ADR of $241 at 57% occupancy resulting in $57,000 in revenue. 

Purchase Price: $150,000

ARV: $285,000

Rehab: $65,000

Don’t miss this chance to own a piece of paradise on Center Hill Lake. This property won’t last long. Whether you’re looking for a personal getaway or a profitable business venture, this house has everything you need. Don’t let this opportunity pass you by!