Proven Airbnb investment opportunity in the Towne Acres area of Johnson City! This fully renovated 5-bedroom, 2.5-bath home comfortably accommodates 8+ guests, generating $74,000-$80,000 annually with $15,000-$20,000 in future reservations at any given time. It is being sold as-is with all furnishings included, allowing a buyer to continue the existing Airbnb operation immediately, with future reservations able to be transferred over.The property has produced strong performance over the past two years, generating approximately $74,000 in revenue in 2024 and $80,000 in 2025, along with a 93% occupancy rate over the past year and an average nightly rate around $258. It offers investors a proven income-producing Airbnb rather than a startup short-term rental.The home underwent a full renovation in 2021 and is configured to comfortably host larger groups. The separate entrance and layout allow the primary bedroom suite to function as its own Airbnb rental space, creating the option for an owner to occupy part of the home while continuing to generate rental income from the remainder.All furniture, décor, linens, kitchen equipment, and operational setup used for the Airbnb are included with the sale, creating a true turn-key investment with an established operating history.Conveniently located just minutes from ETSU, the VA, Johnson City Medical Center, and downtown Johnson City, the property benefits from strong demand drivers including medical, university, and regional tourism traffic. Showings must be scheduled and accompanied by LA. Please do not enter the grounds at any other time so as to respect the privacy of guest. Buyer and Buyer agent to verify all information contained here in.
Listed By
Agency Name: KW Johnson City
Agency Phone: 423-433-6500
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,296.38 per month $1,146.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $150.21 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
508 Woodhaven Drive | MLS# 9992238
This single family home located at 508 Woodhaven Drive, Johnson City, TN 37604 is currently listed for sale with an asking price of $515,000. This property was built in 1958 and has 5 bedrooms and 2 full and 1 partial baths with 2044 sq. ft. Woodhaven Drive is located in the Towne Acres subdivision. Search Towne Acres real estate on www.clhomes.com today.