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2825 Parkway
Pigeon Forge, TN 37863
Americana Inn a Travelodge by Wyndham · Hospitality Property For Sale
·
165 Rooms
INVESTMENT HIGHLIGHTS
- Outdoor pool; covered terrace
- 10 additional rooms converted to non-guest use
- Seller will also consider offers to lease the hotel.
- Exterior corridor, pet friendly
- Covered terrace
EXECUTIVE SUMMARY
Fee Simple interest in a 4-story, 165-unit limited service hotel. Located on the primary traffic artery for Sevier County's 15 million annual visitors. Highly accessible, high traffic count location. 10 additional rooms converted to non-guest use. Outside pool, exterior corridor, pet-friendly, covered terrace. Located in the heart of Pigeon Forge, close to restaurants, shopping, and entertainment.
Seller will also consider offers to lease the hotel.
Seller will also consider offers to lease the hotel.
PROPERTY FACTS
| Price Per Room | $84,848 | No. Rooms | 165 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1983/2021 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 2.34 AC | Corridor | Exterior |
| Building Size | 73,448 SF | ||
| Zoning | C-2 - Commercial | ||
| Price Per Room | $84,848 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.34 AC |
| Building Size | 73,448 SF |
| No. Rooms | 165 |
| No. Stories | 4 |
| Year Built/Renovated | 1983/2021 |
| Tenancy | Single |
| Parking Ratio | 1.67/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 - Commercial |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 165 | $58.00 | - |
PROPERTY TAXES
| Parcel Number | 083N-A-001.02 | Improvements Assessment | $1,128,760 |
| Land Assessment | $905,320 | Total Assessment | $2,034,080 |
PROPERTY TAXES
Parcel Number
083N-A-001.02
Land Assessment
$905,320
Improvements Assessment
$1,128,760
Total Assessment
$2,034,080
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