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290 Rafter Rd
Tellico Plains, TN 37385
Mountain View Cabin Rentals - Rafter · Hospitality Property For Sale
·
8 Rooms
INVESTMENT HIGHLIGHTS
- 8 cabins on one lot!
- Near the famous Cherohala Skyway!
- Cabin decks in the woods!
EXECUTIVE SUMMARY
The parties herein acknowledge they have been informed of bankruptcy proceedings in the United States Bankruptcy Court, and this Agreement is contingent upon final judgment and decree authorizing the sale of Property. In the event that a final judgment sale authorization is not granted within 60 days of a bound agreement, the Buyer may terminate this Agreement with written notice to Seller with Earnest Money/Trust Money returned in full to Buyer, in which event all parties agree to execute all applicable documentation.
PROPERTY FACTS
| Price Per Room | $60,000 | Building Size | 1,808 SF |
| Sale Type | Investment | No. Rooms | 8 |
| Cap Rate | 7.02% | No. Stories | 1 |
| Sale Condition | Distress Sale | Year Built | 2013 |
| Property Type | Hospitality | Parking Ratio | 8.85/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.55 AC | ||
| Zoning | Commercial | ||
| Price Per Room | $60,000 |
| Sale Type | Investment |
| Cap Rate | 7.02% |
| Sale Condition | Distress Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.55 AC |
| Building Size | 1,808 SF |
| No. Rooms | 8 |
| No. Stories | 1 |
| Year Built | 2013 |
| Parking Ratio | 8.85/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 8 | $143.00 | - |
PROPERTY TAXES
| Parcel Number | 146F-A-014.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,975 |
PROPERTY TAXES
Parcel Number
146F-A-014.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,975
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