680 Winfield Dunn Pky - Hospitality FOR SALE
Sevierville, TN 37876 |
$8,000,000 USD
334-313-6014
680 Winfield Dunn Pky
Sevierville, TN 37876
HIGHLIGHTS
- Featuring a series of major recent renovations: interior in 2016, exterior in 2019, converted in 2023 to SureStay Plus with all PIP items complete.
- 81.2% trailing occupancy with strong transient base. Guest rating 7.7/10 from 2,700+ reviews, reflecting solid brand perception and repeat visitation.
- Located off Smoky Mountains Pkwy, with 80,000 VPD and walkable access to high traffic retail and dining options including Starbucks.
- Rooms feature Smoky Mountain views and property is close to the top U.S. park gateway with 12.2M visitors annually ensuring steady non-event demand.
- Within one day’s drive for half of U.S. population, this market offers steady car leisure demand and airfare resilience.
- Sevier County visitor spend hit $3.93B in 2024, up 2% YoY. Dollywood draws 2M+ yearly, keeping rates and demand firm.
OVERVIEW
Connolly Investments, in accordance with ParaSell, Inc., as the exclusive representative, is pleased to offer the 80-key SureStay Plus by Best Western in Sevierville, Tennessee — one of the most dynamic leisure markets in the Southeast. Situated on 1.34 acres directly off the Great Smoky Mountains Parkway, this opportunity includes the fee-simple real estate, building, and operations, unencumbered by management or debt.
In Association with Scott Reid & ParaSell, Inc. | P: 949.942.6585 | A Licensed Tennessee Broker #264531
FOR SALE DETAILS
PRICE
$8,000,000 USD
PRICE/SF
$250 USD /SF
# OF ROOMS
80
PRICE/ROOM
$100,000 {currency}
CAP RATE
8.29%
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SureStay Plus Hotel by Best Western
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1995
PARKING SPACES
84
LAND DETAILS
LAND ACRES
1.34 AC
LAND SF
58,370 SF
ZONING
C-4
APN/PARCEL ID
049G-C-009.00
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334-313-6014
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334-313-6014
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