Motel/Laundry For Sale

Business Opportunity for Sale
Sale Pending/Contingent
Catylist Listing ID: 30771579
Property Subtypes: Real Estate
Status: Pending/Contingent
Building Size (RSF): 4,746 SF
Sale Price: $689,000
Name of Establishment: Sunrise Inn
Year Business Established: 2005
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Living Accomodations: Yes
Sale Terms: Cash to Seller
Last Updated: 5/16/2022

Overview / Comments

11 unit Motel on Hwy 11 in Philadelphia, Tn on 1.1 acres. Over 400 feet of highway frontage. If you are tired of your money sitting in the bank with minimal return, this could be a good investment for you. Great visibility for incoming and outgoing traffic. Just a few feet from Gas Station, Dollar General Store and Sweetwater Valley Farms. The possibilities are endless! Additional Commercial Lot across the street available at a discounted rate if you do a package deal!!

Prequalified Buyers Only.

Additional Details

Nearest MSA: Knoxville
County: Loudon
Industry Segment: Commercial Real Estate Brokers
Reason for Selling: Owners have other interests that will take them away from the day to day operation of this motel.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: Can be negotiated with offer.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,565 2,722 17,229
Median Age: 38.56 40.5 40.44
Households: 568 1,043 6,644

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