Property Listing No Longer Available for Sale

4010 Parkway, Pigeon Forge, TN

Motel for Sale - $7,300,000 - 75,852 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#731564
Location
  4010 Parkway
  Pigeon Forge TN 37863
UpdatedDecember 11th, 2015
TypeMotel
Price$7,300,000
Building75,852 Sq. Ft.
Land49299.44 acres

Property Description

Sperry Van Ness | R. M. Moore, LLC is pleased to exclusively offer for sale the Ramada Pigeon Forge South and Smoky Mountain Convention Center, located on the Parkway (U.S. 441) in the tourist resort city of Pigeon Forge, TN. The hotel and convention center are situated on 5.98 commercially zoned acres.

The fee simple property is improved with a 122-room, 3-story, limited service, exterior corridor hotel, an outdoor pool, and a separate 21,050 square foot convention center. There is excess land for possible expansion or new development.

Location Description:

The property is within the city limits of Pigeon Forge, TN, on the west southbound side of the Parkway (U.S. 441). It has excellent Parkway visibility and easy access. It is close to many area attractions, including Dollywood, Tennessee's only major theme park.

Highlights:

>> 122-room Resort Area Hotel

>> Strong Historical Performance

>> 21,050 sq.ft. Convention Center

>> Excess Land for Expansion

>> Convenient to Dollywood theme park & many other attractions

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Financials

Cash or new financing

Sales Info:

>> Commision split: 2.5%