Short Term Rental Investment Opportunity

20370 West Lee Highway Philadelphia, TN 37846

Philadelphia
FOR SALE
Property Type:
Hotel
Amount:
$600,000
Last Verified:
Oct 10, 2024

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Highlights

  • Long-term occupancy history
  • Value add
  • Demonstrated need for short-term rental
  • One of the fastest growing counties in Tennessee

Description

Sunrise Inn is currently run as a daily/weekly/monthly rental. The property is ideally positioned for renovation/updates resulting in increased revenue for an investor. The seller currently enjoys 100% occupancy due to the lack of short term rentals in the Philadelphia area.

Located in Loudon County, Tennessee, Sunrise Inn is situated at the intersection of Pond Creek Road (Highway 323) and Highway 11. The property is close to major farming/agritourism employers and just a short distance from Philadelphia School.


Year Built: 1960
Building Size: 4746sq ft
Lot Size: 1.1 acres


Documents

Sale Brochure - NEW

Map of 20370 West Lee Highway, Philadelphia, TN, 37846

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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