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104 Circle Rd 18 Unit Apartment Building Offered at $1,600,000 at a 6.56% Cap Rate Newport, TN 37821

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Investment Highlights

  • Recent Construction (Built in 2017)
  • Turnkey Remote Management
  • Routinely High Occupancy

Executive Summary

Charles Hawkins Co. is pleased to present Unwind Acres, a turnkey mixed-use RV park and tiny home community located at 104 Circle Rd., Newport, Tennessee 37821. This well-maintained property offers an investment opportunity in the growing East Tennessee tourism market with a stable, long-term tenant base and multiple income streams.
Strategically positioned near major tourism destinations including Gatlinburg, Pigeon Forge, and Sevierville, guests enjoy convenient access to Dollywood, Great Smoky Mountains National Park, Newport Speedway, and local distilleries. This location in the foothills of the Smoky Mountains drives consistent demand while offering a quieter, small-town alternative to the busier tourist corridors.
The property features 10 full-hookup RV sites, 6 tiny homes, 1 2-story home, 1 modular 3-bedroom home with 2-car garage, a chapel, pavilion, and a laundry/game room facility on 4.1 acres.
With long-term occupancy, excellent infrastructure (primarily constructed in 2017), and minimal operational complexity, Unwind Acres represents a stable, lifestyle-oriented investment in a thriving tourism market.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,600,000
Price Per Unit $88,889
Sale Type Investment
Cap Rate 6.56%
No. Units 18
Property Type
Multifamily
  • Multifamily Manufactured Housing Mobile Home Park
Building Class C
Lot Size 4.10 AC
Building Size 20,000 SF
Average Occupancy 86%
No. Stories 1
Year Built 2013

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Ceiling Fans
  • Vaulted Ceiling
  • High Speed Internet Access
  • Oven
  • Tub/Shower
  • Views
  • Carpet
  • Wi-Fi
  • Grill
  • Deck
  • Porch

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Cabana
  • Furnished Units Available
  • Gameroom
  • Grill
  • Wi-Fi
  • Community-Wide WiFi
  • Multi Use Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 18 - -

Property Taxes

Property Taxes

Parcel Number
083E-A-017.00
Land Assessment
$4,375
Improvements Assessment
$0
Total Assessment
$4,375
  • Listing ID: 39455104

  • Date on Market: 2/16/2026

  • Last Updated:

  • Address: 104 Circle Rd, Newport, TN 37821

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