Franchise Hotel in Major Tennessee Tourism Destination

2825 Parkway Pigeon Forge, TN 37863

2825 Parkway, Pigeon Forge, TN, 37863
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FOR SALE
Property Type:
Motel
Amount:
$16,500,000
Last Verified:
Oct 30, 2024

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Highlights

  • 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 $41,000,000.

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


Documents

NEW Offering Memorandum (L)

Map of 2825 Parkway, Pigeon Forge, TN, 37863

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