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Budget Motel Rockwood 608 S Gateway Ave 20 Room Hotel Rockwood, TN 37854 $500,000 ($25,000/Room) 12% Cap Rate

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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

Price $500,000
Price Per Room $25,000
Sale Type Investment
Cap Rate 12%
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.60 AC
Building Size 6,500 SF
No. Rooms 20
No. Stories 1
Year Built 1961
Tenancy Single
Parking Ratio 5.23/1,000 SF
Corridor Exterior
Zoning C-2

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 20 $45.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
064C-A-003.01
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$138,520 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 38296142

  • Date on Market: 11/1/2025

  • Last Updated:

  • Address: 608 S Gateway Ave, Rockwood, TN 37854

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