4010 Parkway - Hospitality FOR SALE


Pigeon Forge, TN 37863
$12,000,000 USD
865-607-9536
4010 Parkway, Pigeon Forge, TN for Sale
$12,000,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

4010 Parkway
Pigeon Forge, TN 37863


HIGHLIGHTS

  • Fee simple ownership; Unencumbered of management
  • 20,050 sq.ft. convention center can accommodate 1,000 conference guests or 800 banquet guests
  • Heated outdoor pool and hot tub
  • Includes about 1.6 acres of access land for future expansion or new hotel development
  • Seller will also consider offers to lease the hotel and/or the convention center.

OVERVIEW

This property is improved with a 122-room, 3-story limited service, exterior corridor hotel with a separate 21,050 sq.ft. convention center. The 5.98-acre site includes about 1.6 acres of excess land that offers elevated and unobstructed views, and would be well suited for hotel expansion or development of a new hotel concept. Heated outdoor pool and hot tub. Unencumbered of management. Convention center can accommodate 1,000 conference guests or 800 banquet guests. Seller will also consider offers to lease the hotel and/or the convention center.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$165 USD /SF

# OF ROOMS

122

PRICE/ROOM

$98,361 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Pigeon Forge Parkway

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1991

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.98 AC

LAND SF

260,489 SF

ZONING

C-1

APN/PARCEL ID

094M-A-005.02

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.