2825 Parkway Pigeon Forge, TN 37863

This exceptional investment opportunity presents a fee-simple interest in the Americana, a Travelodge by Wyndham Pigeon Forge. This 4-story, 165-key hotel boasts 73,448 square feet and sits on a 2.34-acre lot in Sevier County, Tennessee, at 2825 Parkway, Pigeon Forge, 37863. Built in 1983, the property is zoned C-2 and features an exterior corridor, an outside pool, a covered terrace, and is pet-friendly. Ten additional rooms have been converted to non-guest use. The hotel benefits from a prime location on a major thoroughfare, experiencing high traffic counts due to its proximity to numerous restaurants, shopping, and entertainment venues within Pigeon Forge, a destination attracting 15 million annual visitors. The asking price is $16,500,000, translating to $224.65 per square foot. This property is part of a larger 350-room portfolio available for $44,000,000, offering potential for significant returns. The property's APN is 083N A 001.02, and ownership is held by Prosper Properties LLC. This is a rare chance to acquire a well-established hotel in a high-demand tourist destination.