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Tennessee Investment Property
Welcome to Starr Crest Resort where your investment dollars mean more. Here at Starr Crest Resort we build investment log cabins that pay for themselves and bring you an income on top of that. With rising costs in the home market you can't beat investing in these properties in any other market. Just think about it, when you bought your home, how much was it worth?
Have you had it appraised lately? It's probably worth a lot more today than it was when you first purchased it. Unless you have not maintained it very well it should have increased in value. Let's say you purchase an investment property that has today an appraised value of $450,000.00. It helps pay for itself, increases in appraised value at 10 to 15% per year (for the past five year history from 2002 to 2007), all except your initial investment (down payment) and within one year gives you an income to boot. This property is a one-bedroom cabin with a game room loft, two full baths, fireplace, hot tub, Jacuzzi tub, all modern appliances, stack washer dryer and mountain views that are the kind most people only dream of. Also located right next door to east Tennessee's most popular attractions such as Dollywood, Dolly's Splash Country, Dick Clarks’ American Bandstand, Ober Gatlinburg, Music Theaters, Pigeon Forge, Rod Runs, October Fest, Laser Tag, Gatlinburg's new Ripley's Aquarium of the Smokies, shopping outlets, go cart tracks, horse back riding, hiking trails, National park, white water rafting, tubing down a lazy river, The Great Smoky Mountains and many more attractions too abundant to list here.
With a down payment of 10% ($45,000) and furnishings, which are included in price (average $15,000.00 to $20,000.00) you can have your own Log Cabin investment property that will help pay for itself. Please do the calculations yourself and consult your financial adviser.
Current interest rates are at an all time low for the past few decades and now is the best time to invest in these properties. Just think how much you can save on your next vacation when you don't have to pay someone else for your lodging needs. All the while your cabin equity and appraised value keep going up and up.
Give us a call toll free at 1-866-352-2586 to get the ball rolling on your new vacation overnight rental in the Great Smoky Mountains or visit our sales office at 1702 Angela Starr Drive, just 1 mile past the old main entrance to Dollywood on Dollywood Lane, then turn left onto Stinnett Road to Angela Starr Drive. Office is on the right.
INVESTORS TESTIMONY
Starr Crest Resort II Model & Price List
Click on Cabin to view our New Floor Plans!
THE CHOO
1 Bedroom 2 Bath = $450,00.00 (26' X 27') 29 logs high, more logs more views. 1404 square feet living area and 1870 square feet under roof including covered decks. This is our best seller and income producer for the money. It produces an average gross income of $35,000.00 to $68,000.00 per year. Loft bedroom used as game room. Includes two 8' X 26' exterior view decks with choice of which deck to place Hot Tub.
THE DIXON
2 Bedroom 2 bath = $469,000.00 (28' X 28') 29 logs high with hot tub on either of the two 8' X 28' decks, Jacuzzi in loft bathroom 1568 square feet living area with 1902 square feet under roof. This cabin is the same as the Choo model but, larger, roomier. A beautiful cabin and may be viewed at. Loft bedroom can be used as a game room. This cabin produces an average gross income from $35,000.00 to $68,000.00 per year. Includes two 8' X 26' exterior view decks with choice of which deck to place Hot Tub.
THE EXPANDED RAVENSVIEW
3 Bedroom 4 bath, Game room, 3 story $590,000.00 (28' X 28') Lower floor masonry with 29 logs above. Full bath in game room, full bath on other two floors. Jacuzzi in loft and hot tub on your choice of the three 8' X 28' view decks. 2352 square feet living area with 2780 square feet under roof. This cabin model has produced annual incomes in excess of $80,000.00 per year. This is a much requested model from vacationers.
THE AYERS
3 Bedroom 3 bath 2 story. Third bedroom is loft that is used as game room. $503,000.00. 1768 square feet living area with 2412 square feet under roof. With one 8' X 46' deck on main level and one 8' X 22' deck on the loft level. This cabin is a new design that we took from an old plan and expanded on. With two king-size bedrooms on the main level, each having their own private bath with Jacuzzi tubs. This is a beautiful cabin with all the amenities. Good for family rentals and averages an income of approximately $38,000.00 to $52,000.00 per year.
THE AYERS 3 STORY
4 Bedroom 4 bath 3 story with game room $633,850.00. 2964 square feet of living area with 3976 square feet under roof. This cabin derived from the Ayers' model above. Our addition of the lower level bedroom, bath, and huge game room has paid off. It also has the additional 8' X 46' lower deck. This cabin has produced incomes from $55,000.00 to $80,000.00.
Phase III and IV Construction
Cabins constructed in phase III and IV have an additional cost of $25,000. This is in addition to the prices above.
NOTE:
All Appliances (refrigerator, stove, microwave vent hood, dishwasher, 24" stack washer/dryer, hot tub, Jacuzzi and furnishings are included in each model. Any model may be expanded on. Cabin is rent ready at completion. Each owner is asked to add their own personal touches to the amenities and decorations in their cabin to give it its own personality.
These income figures are based on actual incomes from existing cabins and we do not guarantee all cabins will earn these gross annual incomes. The marketing for rentals is done mostly on the internet and how well your cabin rents is determined by how well and appealing it is viewed by the general public online and its amenities.
All prices are subject to change without notice.
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Contact Us today to Build your Vacation Rental Home! |
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Testimony |
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Our log home in Starr Crest II has recently been completed. The quality of workmanship cannot be surpassed. Every worker and foreman with Ussery Construction Co. and the sub-contractors are very professional and thorough. They are friendly and courteous, and are always willing to answer questions. It is difficult having a home built and living over 800 miles away, but with Randy and his crew it was easy. They always followed through on what they said they would do. We would not hesitate to recommend Randy Ussery of Ussery Construction Co. to anyone considering the purchase of a newly constructed home.
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