Hospitality for Sale
Catylist Listing ID: 30115235
Property Subtypes: Vacation Rental(s)
Number of Units: 9 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 11.70 Acres
Sale Price: $1,900,000
Unit Price: $211,111.11 Per Unit
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/15/2018

Overview / Comments

An iconic/unique property in Townsend, TN, Tuckaleechee Village consists of almost 12 acres with over 1000' of frontage along Lamar Alexander Pkwy (Hwy 321) on the front and 1000'+ along Little River at the back. There are 9 cabins overlooking the Little River, a conference/meeting building, swimming pool area and two vacant buildings that could be retail, food, etc.Very peaceful setting only 3.5 miles from the entrance to Great Smoky Mountains National Park and 20 miles from Pigeon Forge, TN (Dollywood).

Pricing is based on land value. Many of the cabins and other structures require significant upgrades/repairs however, the property has a rich history and fond memories for guests over the last 40-50 years. Owner requests that agents not approach current operators of the property. Please contact listing agent with any questions.

Additional Details

Nearest MSA: Knoxville
County: Blount

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,026 3,798
Median Age: 51.79 51.52
Households: 1,357 1,691


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