2825 Parkway - Hospitality FOR SALE


Pigeon Forge, TN 37863
$14,000,000 USD
865-607-9536
2825 Parkway, Pigeon Forge, TN for Sale
$14,000,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

2825 Parkway
Pigeon Forge, TN 37863


HIGHLIGHTS

  • Outdoor pool; covered terrace
  • Exterior corridor, pet friendly
  • 10 additional rooms converted to non-guest use
  • Covered terrace
  • Seller will also consider offers to lease the hotel.

OVERVIEW

Fee Simple interest in a 4-story, 165-unit limited service hotel. Located on the primary traffic artery for Sevier County's 15 million annual visitors. Highly accessible, high traffic count location. 10 additional rooms converted to non-guest use. Outside pool, exterior corridor, pet-friendly, covered terrace. Located in the heart of Pigeon Forge, close to restaurants, shopping, and entertainment. Seller will also consider offers to lease the hotel.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$191 USD /SF

# OF ROOMS

165

PRICE/ROOM

$84,848 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americana Inn a Travelodge by Wyndham

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1983

PARKING SPACES

123

LAND DETAILS

LAND ACRES

2.34 AC

LAND SF

101,930 SF

ZONING

C-2

APN/PARCEL ID

083N-A-001.02

ASK ABOUT THIS PROPERTY

David Gothard, CCIMNAI Koella | RM Moore, Inc.More Info
865-607-9536

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David Gothard, CCIMNAI Koella | RM Moore, Inc.More Info
865-607-9536

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