Franchise Hotel in Major Tennessee Tourism Destination
2825 Parkway
Pigeon Forge, TN 37863
FOR SALE
Property Type:
MotelAmount:
$18,000,000
Last Verified:
May 07, 2024Highlights
- 10 additional rooms converted to non-guest use
- Outside pool
- Exterior corridor
- Pet friendly
- Covered terrace
- Located in the heart of Pigeon Forge, close to restaurants, shopping, entertainment
Description
Fee Simple interest in a 4-story, 165-unit limited service hotel. Located on the primary traffic artery for Sevier County's 15 million annual visitors. Highly accessible, high traffic count location.
The owner is offering for sale a 3-hotel portfolio of this hotel and two additional hotels on the Parkway in Pigeon Forge. The price for this 350-room portfolio is $44,000,000.
Americana, a Travelodge hotel, is located on the northbound side of the Parkway, US 441, in the city of Pigeon Forge, TN.
Year Built: 1983
Building Size: 73448sq ft
Lot Size: 2.34 acres