GMF Group acquired Maggie Valley Resort in Maggie Valley, North Carolina, on August 1, 2023, for a recorded price of $2,280,000. Located at 276 Rocky Top Road, Maggie Valley, NC 28751, the community includes 116 mobile home lots and one recreational vehicle lot, for a total of 117 lots. Nestled in a small town in the Great Smoky Mountains, Maggie Valley Resort is a peaceful haven surrounded by stunning year-round natural beauty.

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Maggie Valley Resort is a friendly, age-qualified community right in the middle of a vacation destination, with two national forests and one national park nearby. Views of mountaintops and forested hillsides are all around. Just over half an hour away, Great Smoky Mountains National Park offers endless opportunities for hiking, camping, wildlife viewing, and photographing the famous fog-shrouded hills and mountains that give the park its name.

 For those seeking other outdoor fun, Maggie Valley is a prime location for activities like zip-lining, mountain biking, and horseback riding. The nearby Cataloochee Ski Area offers winter sports during the colder months, including downhill skiing, snowboarding, and a terrain park. During the warmer season, the area’s many cold, crystal-clear mountain streams provide excellent fishing for brown trout. Flyfishing is also popular, and many local guides offer guided trips to the best spots. For a more relaxed way to enjoy the area’s natural beauty, residents can go for a drive and enjoy scenic mountain views along the Blue Ridge Parkway.

Aside from its natural attractions, Maggie Valley also boasts a rich cultural heritage, which can be explored at several museums and historic sites. The Wheels Through Time Museum showcases an impressive collection of vintage motorcycles and automobiles, making it a must-see for automotive enthusiasts. The town also hosts events such as the annual Hillbilly Jam, which celebrates Appalachian music and culture, attracting visitors for live performances and local food. In addition, artists and artisans flock to town several times a year for arts and crafts shows. With its access to nature, local culture, and endless outdoor recreation, Maggie Valley is unbeatable for small town mountain living.

About GMF Group

GMF Group is characterized by its innovative approach to real estate investing, with the firm specializing in undercapitalized real estate markets and asset classes.

Based in Palm Beach, Florida, Gabriel Monfried serves as Managing Partner of GMF Group and, he started his career at working for Goldman Sachs in New York. During his tenure with the company’s Global Natural Resources investment banking group, Mr. Monfried worked on mergers and acquisitions, initial public offerings and follow-on offerings, debt financings, and other transactions, including M&A and financing work for Dynegy’s acquisition of Engie US in a deal worth a reported $3.3 billion.

Also based in Palm Beach, Florida, Matt Forssman is a driven real estate professional with experience in multiple areas of the industry. Also serving as GMF Group’s Managing Partner, Matthew Forssman is a Harvard College economics graduate who has built a career in finance with a focus on finance and real estate. Mr. Forssman started his career in the Real Estate Gaming & Lodging investment banking group at Bank of America Merrill Lynch in New York. Mr. Forssman also worked for CIM Group in Los Angeles and BentallGreenOak in Los Angeles, where he helped oversee $40 billion in real estate assets under management.