3755 Parkway, Pigeon Forge, TN
Motel for Sale - $12,000,000 - 112,000 Sq. Ft. on 49299.44 acres
Property Info
| CIMLS# | 791215 |
| Location 3755 Parkway Pigeon Forge TN 37863 | |
| Updated | August 26th, 2015 |
| Type | Motel |
| Price | $12,000,000 |
| Building | 112,000 Sq. Ft. |
| Land | 49299.44 acres |
Property Description
Sperry Van Ness | R. M. Moore, LLC is pleased to exclusively offer for sale the Best Western Plaza Inn, located on the Parkway, US 441, in the tourist resort city of Pigeon Forge, Tennessee. This 201-room interior and exterior corridor hotel is beautifully maintained and well-located within the heart of the Smoky Mountains area tourist market.
Location Description:
Pigeon Forge is a major tourist city in Sevier County, with approximately 11-13 million annual visitors. Pigeon Forge is home to Dollywood Theme Park, Dolly's Splash Country, The Titanic Museum, WonderWorks, numerous music/dinner theaters, restaurants, outlet malls, and many other tourist-related activities. Close to the Great Smoky Mountains National Park, Ober Gatlinburg Ski Resort, and Ripley's Aquarium of the Smokies.
Highlights:
>> Fee Simple Ownership
>> Unencumbered of Management
>> Strong Stabilized Cash Flow
>> Located 1.25 Miles From Dollywood Theme Park
>> High Average Daily Traffic Count
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Financials
Cash or new buyer financing
Sales Info:
>> Commision split: 2.0%