2162 Parkway Pigeon Forge, TN 37863

This exceptional investment opportunity presents a fee-simple interest in a 3-story, 63-unit limited-service hotel, the Howard Johnson by Wyndham Pigeon Forge. Located at 2162 Parkway, Pigeon Forge, TN 37863, this property boasts a prime location on a major thoroughfare, benefiting from the high traffic volume of Sevier County's 15 million annual visitors. The 32,937 square foot hotel, built in 1971, sits on a 1.43-acre lot and is zoned C-2. Amenities include an enclosed pool, an outdoor pool and play area, a picnic pavilion, a fitness room, and a meeting room with an attached kitchen. The property features 63 keys and is offered at $8,000,000, representing a price per square foot of $242.89. The property's APN is 072 115.00 and is owned by Prosper Properties LLC. Note that the owner is also offering a portfolio sale including two additional Parkway hotels for a total of 350 rooms and a combined price of $44,000,000. This presents a unique opportunity for investors seeking a strong foothold in the thriving Pigeon Forge hospitality market.