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The Wander Hotel, a Ramada by Wyndham 929 Parkway 104 Room Hotel Gatlinburg, TN 37738 $18,000,000 ($173,077/Room)
Executive Summary
Property Information
±1.45 Acres, Fee Simple
$18,000,000
May be purchased with adjoining property at 937 Parkway
Three building hotel with 104 recently renovated rooms and an indoor pool and hot tub
Located in the heart of Gatlinburg and at the entrance to the Great Smoky Mountains National Park, the most visited national park in the U.S.
12.2 million visitors to Great Smoky Mountains National Park in 2024
Traffic Count: 49,000 VPD US-441/Parkway
Retail Nearby: Gatlinburg Convention Center, Gatlinburg Sky Park Starbucks, Mellow Mushroom, Melting Pot, Bubba Gump Shrimp Co, Five Guys, Walgreens
±1.45 Acres, Fee Simple
$18,000,000
May be purchased with adjoining property at 937 Parkway
Three building hotel with 104 recently renovated rooms and an indoor pool and hot tub
Located in the heart of Gatlinburg and at the entrance to the Great Smoky Mountains National Park, the most visited national park in the U.S.
12.2 million visitors to Great Smoky Mountains National Park in 2024
Traffic Count: 49,000 VPD US-441/Parkway
Retail Nearby: Gatlinburg Convention Center, Gatlinburg Sky Park Starbucks, Mellow Mushroom, Melting Pot, Bubba Gump Shrimp Co, Five Guys, Walgreens
Property Facts
| Price | $18,000,000 | Building Size | 33,390 SF |
| Price Per Room | $173,077 | No. Rooms | 104 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1950/2023 |
| Property Subtype | Hotel | Parking Ratio | 2.25/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.51 AC | ||
| Zoning | C-1 | ||
| Price | $18,000,000 |
| Price Per Room | $173,077 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.51 AC |
| Building Size | 33,390 SF |
| No. Rooms | 104 |
| No. Stories | 4 |
| Year Built/Renovated | 1950/2023 |
| Parking Ratio | 2.25/1,000 SF |
| Corridor | Exterior |
| Zoning | C-1 |
Amenities
- Balcony
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $246.00 | - |
| Guest Room | 102 | $184.00 | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $788,520 | |
| Land Assessment | $1,163,920 | Total Assessment | $1,952,440 |
Property Taxes
Parcel Numbers
Land Assessment
$1,163,920
Improvements Assessment
$788,520
Total Assessment
$1,952,440
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The Wander Hotel, a Ramada by Wyndham | 929 Parkway