Short Term Rental Investment Opportunity
20370 West Lee Highway
Philadelphia, TN 37846
FOR SALE
Property Type:
HotelAmount:
$600,000
Last Verified:
Oct 10, 2024Daily Email Blast
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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