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Budget Motel Rockwood 608 S Gateway Ave 20 Room Hotel Rockwood, TN 37854 $400,000 ($20,000/Room) 15.00% Cap Rate
Investment Highlights
- Heavy traffic
- Open plans
- Near Knoxville
Executive Summary
Prime investment, income generating property located near Knoxville.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 20 | $45.00 | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 064C-A-003.01 | Total Assessment | $138,520 (2025) |
| Land Assessment | $45,040 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $93,480 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
064C-A-003.01
Land Assessment
$45,040 (2025)
Improvements Assessment
$93,480 (2025)
Total Assessment
$138,520 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Photos
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Street
Map
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Budgetmotel
Budget Motel Rockwood | 608 S Gateway Ave
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