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1020 Parkway, SEVIERVILLE, TN 37862

$35,000+/Unit

Commercial property for sale

Added: 01/06/2012
Last Update: 07/19/2012
1020 Parkway SEVIERVILLE, TN 37862 US
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Contact info

  • 865-862-8288 [Office] 

Description

The Sleep Inn is a 70-room, interior corridor, 3-story hotel built in 1996 with a breakfast area, an outdoor pool, and wireless service on a 1.69 acre ground lease expiring February 2039 (28 years remaining). The property is in a great location, is in excellent condition and continues to perform well. Fantastic location on the east side of the Parkway at the South Boulevard signalized interchange (light 14.1) on the Parkway in Sevierville, TN. There is a stop light accessing the Parkway from the hotel parking lot and a trolley stop on the property providing guests quick and affordable area transportation. The first floor has a large canopy for loading and unloading, a front lobby with back office spaces, a breakfast room, men's and women's restrooms, a meeting room and 20 quest rooms. The 2nd story has 24 guest rooms and a lounge area. Third floor has 26 guest rooms. Rooms are carpeted with individual HVAC units, and bathrooms have tile floors and a shower stall. Corridors are served by two stair wells and an elevator and have commercial carpet and suspended acoustic tile ceilings. Entire building has HVAC and a fire sprinkler system. Guest rooms have a desk, refrigerator, microwave, coffee/tea makers, hairdryers, wireless internet, individual HVAC units, cable, blackout drapes, iron and ironing board, clock radio/alarm. Building price details: $2,450,000.

Property Details

  • Type: Hotel & Motel
  • Use Types:Hotel
  • Status: Available
  • Year Built: 1996
  • MSA: Sevierville
  • Zoning: C-4
  • Buildings: 1

Terms

  • Cash to Seller 
  • Owner Financing 

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