1901 E Parkway - Hospitality FOR SALE


Gatlinburg, TN 37738
$1,871,000 USD
865-599-3320
1901 E Parkway, Gatlinburg, TN for Sale
$1,871,000 USD
Hospitality - FOR SALE
1/7
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1901 E Parkway
Gatlinburg, TN 37738


HIGHLIGHTS

  • 100% Occupied
  • Waiting List for Tenants
  • 5.9 Miles to Downtown Gatlinburg
  • Located on City Trolley Line
  • Limited Area Multifamily Availability

OVERVIEW

Gatlinburg Multifamily - 100% Occupied Multifamily located on East Parkway 5.9 miles from Downtown Gatlinburg. Currently there is a waiting list for tenants. Excellent management "in place" managing two properties. Do not approach tenants or disturb business.

FOR SALE DETAILS

PRICE

$1,871,000 USD

PRICE/SF

$264 USD /SF

# OF ROOMS

35

PRICE/ROOM

$53,457 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rocky Top Inn and Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.56 AC

LAND SF

111,514 SF

ZONING

C-2

APN/PARCEL ID

118-095.00

ASK ABOUT THIS PROPERTY

Ed ThompsonSIG Real Estate, LLCMore Info
865-599-3320

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Ed ThompsonSIG Real Estate, LLCMore Info
865-599-3320

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.