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Days Inn by Wyndham Pigeon Forge Parkway 4010 Parkway 122 Room Hotel Pigeon Forge, TN 37863 $12,000,000 ($98,361/Room)

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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.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $12,000,000
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

PROPERTY TAXES

Parcel Number
094M-A-005.02
Land Assessment
$594,040 (2025)
Improvements Assessment
$1,175,560 (2025)
Total Assessment
$1,769,600 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 31736453

  • Date on Market: 5/8/2024

  • Last Updated:

  • Address: 4010 Parkway, Pigeon Forge, TN 37863

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