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4010 Parkway
Pigeon Forge, TN 37863
Days Inn by Wyndham Pigeon Forge Parkway · Hospitality Property For Sale
·
122 Rooms
INVESTMENT HIGHLIGHTS
- Fee simple ownership; Unencumbered of management
- Heated outdoor pool and hot tub
- Seller will also consider offers to lease the hotel and/or the convention center.
- 20,050 sq.ft. convention center can accommodate 1,000 conference guests or 800 banquet guests
- Includes about 1.6 acres of access land for future expansion or new hotel development
EXECUTIVE SUMMARY
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 1.6 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.
Seller will also consider offers to lease the hotel and/or the convention center.
Seller will also consider offers to lease the hotel and/or the convention center.
PROPERTY FACTS
| Price Per Room | $98,361 | Building Size | 72,548 SF |
| Sale Type | Investment | No. Rooms | 122 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1991 |
| Building Class | C | Corridor | Exterior |
| Lot Size | 5.98 AC | ||
| Zoning | C-1 - Commercial | ||
| Price Per Room | $98,361 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.98 AC |
| Building Size | 72,548 SF |
| No. Rooms | 122 |
| No. Stories | 3 |
| Year Built | 1991 |
| Corridor | Exterior |
| Zoning | C-1 - Commercial |
AMENITIES
- Balcony
- Outdoor Pool
- Convention Hotel
- Meeting Event Space
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $304.00 | - |
| Guest Room | 115 | $135.00 | - |
PROPERTY TAXES
| Parcel Number | 094M-A-005.02 | Improvements Assessment | $1,175,560 |
| Land Assessment | $594,040 | Total Assessment | $1,769,600 |
PROPERTY TAXES
Parcel Number
094M-A-005.02
Land Assessment
$594,040
Improvements Assessment
$1,175,560
Total Assessment
$1,769,600
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