Richmont Inn Great Smoky Mountains Townsend

Hospitality for Sale
Sale Pending/Contingent
Catylist Listing ID: 30669560
Property Subtypes: Bed & Breakfast, Golf Course, Hotel, Inn, Motel, Resort, Vacation Rental(s)
Status: Pending/Contingent
Number of Units: 14 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 9.30 Acres
Sale Price: $1,750,000
Unit Price: $125,000 Per Unit
Property Use Type: Business
Building Name: Richmont Inn
Name of Establishment: Richmont Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/22/2021

Overview / Comments

In the architectural style of the historic Appalachian cantilever barn, Richmont Inn faces breathtaking scenic views of the Smokies. It is one of the nation's most charming and unique mountain inns, making it "A Special Place for Couples."

Located just inside the Laurel Valley gated community, close to the Wild Laurel Golf Course, swimming pool, and fitness center. Richmont Inn consists of multiple buildings, including the main ‘Inn’, the ‘Chalet’ which is a luxury lodge, the ‘Café’, as well as a greenhouse, potting shed, and store. In the cantilever style main building, there are 10 deluxe rooms with fireplaces, private balconies, luxurious furnishings, and bathrooms with whirlpool tubs. The Chalet offers 4 luxury suites. Common areas include a guest library, foyer with grand wood-burning fireplace and dining area, with floor-to-ceiling windows, offering fabulous views of Rich Mountain and the Great Smoky Mountains National Park.

Southern Living magazine says, “The Richmont Inn just might be the most romantic place in the Smokies,” and National Geographic Traveler Magazine notes it as, “reflecting a destinations true character and out of the ordinary lodgings.” That speaks volumes about this Townsend, TN inn.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $7,805 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount County
Tax ID/APN: 095N A 005.00
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Great Smoky Mountains and Maryville, Tennessee
Largest Nearby Street: Laurel Valley Road
Feet of Frontage: 1,200
Airports: McGhee Tyson Airport TYS
Site Description: Hilly
Area Description: Vacation with Mountain Views
Nearby Attractions: Great Smoky Mountains, Golf Course, and River Sports
Total Number of Buildings: 6
Number of Stories: 3
Property Condition: Good
Year Built: 1991
Roof Type: Gable
Construction/Siding: Wood Frame, Wood Siding
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Gravel Parking Lots
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Interior Description: Rustic Mountain Style
Zoning Description: Commercial
Lot Frontage: 1200
Lot Depth: IRR
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,020 6,135
Median Age: 53.38 49.2
Households: 914 2,633

Contact

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