789 Burnside Place, Chattanooga, TN 37408

$529,800
: 3
BD
: 4
BA
: 1,928
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $529,800
Price Change: ▼ $16,599 1785120050
MLS#: 1339045
Status: ACTIVE
Type: Single Family Residential
City: Chattanooga
County: Hamilton
Bedrooms: 3
Bathrooms: 4
Baths Half: 1
Baths Full: 3
Living Area: 1,928
Year Built: 2023
DOM: 87

New Search

Property Description

Real Life Barbie Themed Dreamhouse: Year to date $36,059.95 gross income with projected earnings over $70,000 and it's only year 2 on STR! Expected to finish over 20k over last year! Important note- Owner has not utilized dynamic pricing at all. Great potential for aa skilled manager, host or co-host!! It's been treated more like a hobby but also treated with a great love for the property it's self. See attached back story in the associated docs. Featured in Chatter Magazine this is a branded, turnkey, high-margin Short Term Rental with scale potential will be the crown jewel in any investor's portfolio. Air B n B Rating of 4.95 turnkey and fully furnished this professional designer-driven townhouse claims a corner lot in Chattanooga's prime market- the revitalized ''South Side''. Barbie themed Air B n B is an experiential, nostalgia-led property that outperforms commodity listings and it's easy to see why. Custom ordered (Big Chill) appliances, hand-selected furnishings, authentic Barbie styled decor, and immersive room themes create viral appeal and strong repeat demand. Step inside the life sized Barbie style display box for INSTAGRAM worthy content! PHOTO OP!!! Ask about the optional Barbie themed Pink Bronco upgrade package. A smart buy for investors this branded asset is more than lodging, this property is truly a marketable experience that commands premium ADR (average daily rate) and higher occupancy rate versus standard units. Proven demand pull, drawing guests from outside markets like Nashville and all over the country, increasing booking velocity and off-season resilience making it perform year after year. Untapped upside from being a corner lot with extra parking, walking distance to downtown and custom garage (10-person hot tub with TWO laydowns) create options for expanded revenue streams booking private events, premium add-ons, with even more potential to grow. Conversion/scale potential using this replicable blueprint for a small portfolio of themed, high-yield rentals. Professional management reduces owner effort, improves reviews, and realizes cost efficiencies (cleaning, maintenance, procurement), meaning faster ROI and longer asset life. Strong repeat and referral bookings reduce marketing costs. When guests visit, they return. Opportunity to increase revenue via add-ons (event bookings, VIP packages, merchandise, extended-stay pricing) and potential to add more goodies or monetize garage space. Location & guest experience can't be beat! Walkable to downtown dining (No. 10 Steakhouse nearby), trails, river access -- convenient guest amenities that boost occupancy. Community features (fire pit) and ample off-street parking enhance group stays and event bookings. Bottom line! Barbie Themed, independently owned short term rental is not affiliated with, endorsed by or sponsored by Mattel, Inc but it IS a one of a kind asset that will keep guests coming back and telling everyone they know what a dream it was!!!

865 - 999 - SOLD (7653)

Search All Properties

Additional Information