4010 Parkway Pigeon Forge, TN 37863
Exceptional investment opportunity in Pigeon Forge, Tennessee. This fee-simple owned, 122-key Days Inn by Wyndham boasts 72,548 square feet, including a 21,050-square-foot convention center capable of hosting up to 1,000 conference attendees or 800 banquet guests. The three-story hotel features an exterior corridor and amenities such as a heated outdoor pool and hot tub. Situated on a 6-acre lot, the property includes approximately 2 acres of excess land with elevated, unobstructed views, ideal for future expansion or development of a new hotel concept. Built in 1991, the hotel is zoned C-1 and offers unencumbered management. The asking price is $16,500,000, reflecting a price per square foot of $227.44. The property's APN is 094M A 005.02 & 094M A 005.04. This property is owned by Prosper Properties LLC. Note that the owner is also offering a three-hotel portfolio including this property for $44,000,000. This presents a unique chance to acquire a thriving hospitality asset in a prime location with significant upside potential.
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Days Inn by Wyndham Pigeon Forge Parkway Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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