Remarks

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 2 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.

The owner is also offering for sale a 3-hotel portfolio of this hotel and two additional hotels on the Parkway in Pigeon Forge. The price for this 350-room portfolio is $41,000,000.

Details

MLS#: 300884
Price: $16,500,000

Style: Hotel/Motel
Sq Ft: 72548
Year Built: 1991

County: Sevier
Tax Fee: 47056.010000000002