770-916-0033
5435 S Davy Crockett Pky, Morristown, TN for Sale
Hospitality - FOR SALE
1/12
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5435 S Davy Crockett Pky
Morristown, TN 37813


HIGHLIGHTS

  • Recently renovated hotel, including physical plant and mechanical upgrades requiring little to no require PIP
  • Offered below replacement cost with muted new supply
  • Strong group demand generated by nearby Great Smoky Mountains Expo Center

OVERVIEW

PROPERTY TOURS: TUESDAY, AUGUST 5TH By appointment only Contact Chase Perry to schedule at chase.perry@hunterhotels.net The Best Western Plus Morristown Conference Center Hotel is strategically located directly off I-81, offering convenient access to key demand drivers in the region. The Hotel is just 6 minutes from the Great Smoky Mountain Expo Center, a premier event venue spanning approximately 100,000 square feet with seating for 3,900 people. Hosting over 60 events annually, the Expo Center attracts a diverse range of programming, including horse shows, rodeos, tractor pulls, and motocross racing. The Hotel benefits from its proximity to several major manufacturing facilities, including McNeilus Steel, OTICS USA, Kawasaki Tennessee, and HBF Foods, all within 4 minutes. Additionally, nearby distribution centers such as Wallace Hardware and International Paper further contribute to the area's industrial and commercial activity. Located 13 minutes from the Hotel, Historic Downtown Morristown is recognized for its Skymart Downtown, a unique elevated sidewalk system lined with shops and restaurants. Outdoor recreation opportunities are also within reach, with the Great Smoky Mountains National Park, Cherokee Lake, and Panther Creek State Park all situated within a 45-minute drive. The Great Smoky Mountains National Park is the most visited national park in the U.S., drawing over 12 million visitors annually and generating $2.2 billion in local economic impact

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

112

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Plus Morristown

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1980

PARKING SPACES

163

LAND DETAILS

LAND ACRES

4.47 AC

LAND SF

194,713 SF

ZONING

C1

APN/PARCEL ID

062-010.04

ASK ABOUT THIS PROPERTY

Chase PerryHunter Hotel AdvisorsMore Info
770-916-0033

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Chase PerryHunter Hotel AdvisorsMore Info
770-916-0033

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