Can You Indulge Your Champagne Taste on a Beer Pocketbook?
Wednesday, February 25th, 2009Wouldn’t we all like to do that- drive a Mercedes for the price of a Saturn? These are interesting times but along with the challanges there are opportunities and as far as owning a premium cabin in the Smoky Mountains the answer to the title question is Yes! Read on to find out how.
Legacy Mountain Resort is among the best resorts in the Smokies. Its location is in proximity to the highest drawing attractions, the cabin designs and construction quality is second to none, the amenity complex was designed and built to significantly increase the value and income of every cabin in the resort and the views are absolutely spectacular. The major drawback from an investment perspective was that at the height of the market in 2006 and 2007 they were priced so high that, even at full occupancy their potential return on investment was less that many investors were seeking.
Having had a 20+ cabin purchase belly up after the cabins had been completed, Legacy hit the down turn of the market with a large inventory of completed but unsold cabins. Consequently, three of these cabins are available as foreclosures and several are available as short sales at discounts from 25% to 47% from their original prices. Due to all the factors previously mentioned coupled with the virtually at-cost price available, these cabins represent the best opportunities I’ve seen since I started selling cabins in 1992 and will certainly be among the premier investment opportunities for the long term.
If you would love to own your own premier cabin in the Smokies but have been waiting to get the biggest bang for your buck, it will never get better than this!
If you would like detailed information on these and other opportunities, please email me at will@willquinn.com and I’ll send it to you.
P.S. Deals like these won’t last long so get the details and see how one of them will work for you.
