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Rocky Top Inn and Suites 1901 E Parkway 19 Room Hotel Gatlinburg, TN 37738 $1,650,000 ($86,842/Room)
Investment Highlights
- 100% Occupied
- 5.9 Miles to Downtown Gatlinburg
- Limited Area Multifamily Availability
- Waiting List for Tenants
- Located on City Trolley Line
Executive Summary
Gatlinburg Multifamily - Former motel that has been converted to monthly rental property. The tenants are comprised of tourism employees that pay rent on a weekly basis to the manager. The units are not individually metered, and the utilities are included in the rent. 100% Occupied Multifamily located on East Parkway 5.9 miles from Downtown Gatlinburg. Currently there is a waiting list for tenants. Property management "in place" managing two properties.
Do not approach tenants or disturb business.
Do not approach tenants or disturb business.
Property Facts
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $173.00 | - |
| Guest Room | 17 | $131.00 | - |
1 1
Property Taxes
| Parcel Number | 118-095.00 | Improvements Assessment | $108,760 |
| Land Assessment | $109,120 | Total Assessment | $217,880 |
Property Taxes
Parcel Number
118-095.00
Land Assessment
$109,120
Improvements Assessment
$108,760
Total Assessment
$217,880
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Rocky Top Inn and Suites | 1901 E Parkway
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