The math: At $699K ask, approximately $389K represents the assessed land and asset value, independent of any income. The remaining $310K acquires a proven, grandfathered glamping STR generating $104K+ NOI annually. Business payback in roughly 3 years, with hard assets held throughout.
One of Fannin County's last legally operating dome STRs, grandfathered prior to the April 2024 ordinance that effectively ended new dome construction in the county. This operating right is protected and cannot be replicated.
$120K gross rental income. $104K+ NOI. ~14.9% cap rate on $699K ask. Expense load under $21K annually. Financials available upon proof of funds.
12 private acres. Fully furnished. Off-grid solar and private water. Low overhead, high margin. Year-round operation.
Limited seller financing available to qualified buyers. Proof of funds required prior to scheduling a showing.