Hiawatha Resort East

Resort Description

Set in the rolling hills of Crossville, Tennessee, Hiawatha East Resort is a lakeside getaway on Lake Tansi offering one- and two-bedroom units in a peaceful, away-from-the-crowds setting. The property blends natural scenery with a full range of resort comforts, including a pool, tennis courts, fitness center, and a pier on the lake, giving guests an easy mix of relaxation and recreation.

Highest & Best Use: Multifamily/Affordable Housing

Accommodation Information

• 64 total units (52 net units following removal of one building); one- and two-bedroom configurations
• Predominantly renter-occupied
• Full kitchens with dining and living areas
• Fireplace in select units
• Lake and green-space views

Amenities

• Outdoor swimming pool
• Tennis courts
• Fitness center
• Game room
• Pier/lake access
• On-site coin-operated laundry
• Non-smoking rooms and public spaces

Nearby Attractions

• Lake Tansi — boating, fishing, and lake recreation
• Downtown Crossville shops and local restaurants
• Local wineries
• Historical sites and nearby state parks and nature reserves

Investment Highlights

Hiawatha East Resort offers a sizable, established unit base on Lake Tansi, a well-known Tennessee lake community, with a strong existing base of renter-occupied units supporting in-place income. The property’s amenity package — pool, tennis, fitness center, and lake pier — supports both long-term rental and vacation-stay demand, and its predominantly renter-occupied status provides a head start on stabilized cash flow for a new owner. Of the 64 total units, one building is slated for demolition, bringing the net unit count to 52.