Elegant Mountain Bed and Breakfast Resort

Hospitality for Sale
Catylist Listing ID: 30741470
Property Subtypes: Bed & Breakfast
Number of Units: 9 Units
Building Size (RSF): 10,918 SF
Gross Building Area: See Agent
Gross Land Area: 78.96 Acres
Sale Price: $1,700,000
Unit Price: $188,888.89 Per Unit
Property Use Type: Investment
Building Name: Bed and Breakfast
Name of Establishment: Bed and Breakfast
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/12/2021

Overview / Comments

Elegant and inviting 9-room bed and breakfast inn nestled on 78.96 wooded mountain acres in the Smoky Mountain region of East Tennessee. Features include beautifully appointed guest rooms, a library pub that serves wine and liquor drinks, formal dining room, pool, tennis courts, and fitness room. There are hiking trails on the property. Easy drive to Great Smoky Mountains National Park and the resort cities of Gatlinburg and Pigeon Forge. Stabilized and profitable. Certain artwork and personal property will not convey.

Contiguous +/- 117-acre tract and 2,896 square foot home on 2.06 acres are available as separate purchase.

NO DRIVEBYS and no short-notice showings. All showings must be scheduled with listing agent.

Attachments & Media

Additional Details

Nearest MSA: Newport
County: Cocke
Tax ID/APN: 015073 00500
Retail Clientele: General, Family, Traveler, Tourist
Site Description: Large, wooded acreage tract in the Smoky Mountains region of East TN.
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1976
Parking Type: Surface
Parking Description: Onsite
Land Ownership: Fee simple
Legal Description: 073 005.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,940 4,162 17,540
Median Age: 43.84 43.67 41.29
Households: 796 1,716 7,310

Contact

Photograph of Listing Agent

David L. Gothard

NAI Koella | RM Moore KAAR CIE Member
Photograph of Listing Agent

August Timisela

NAI Koella | RM Moore KAAR CIE Member
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