421 Reagan Lane, Gatlinburg, TN 37738
$1,500,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$1,500,000
List Date:
9/27/2013
Last Modified:
8/23/2024
Description
Interior Corridor Motel with Indoor Pool and Luxury Suite on Top. 81 Rooms with Elevator
More Information MLS# 190621
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: C-1
Zoning Entity: Gatlinburg
Tax Lot: 51/52
Tax Annual Amount: 0
Tax Year: 0
Contract Information
Owner Name: of Record
Rental History Gross Amount 1: 0
Rental History Year 1: 0
Rental History Gross Amount 2: 0
Rental History Year 2: 0
Association Fee: 0
Current Price: $1,500,000
Original List Price: 1750000
Sold Price: $1,500,000
Status: Closed
Listing Contract Date: 2013-09-27
General Property Information
Number Of Buildings: 1
Lot Size Acres: 0
Business Name: Part of Four Seasons
Bonus Room YN: No
Number of Bonus Rooms: 0
Sign On Property YN: No
Year Built: 1978
Remarks and Miscellaneous
Public Remarks: Interior Corridor Motel with Indoor Pool and Luxury Suite on Top. 81 Rooms with Elevator
Directions: 441 in Gatlinburg to traffic light #7 onto Reagan Drive to 1st street left on Reagan lane to property on Left
Status Change Information
Status Change Timestamp: 2014-05-27
Buyer Financing: Conventional
Major Change Timestamp: 2014-05-27T05:35:52Z
Major Change Type: Status Change
Purchase Contract Date: 2013-09-27
Close Date: 2014-05-27
Close Price: 1500000
Currently Not Used
Book/Page/Doc #: 1286, 76
Basement
Full: 1
Walk-Out Access: 1
Construction Materials
Block: 1
Masonry: 1
Steel Frame: 1
Stone: 1
Cooling
Wall Unit(s): 1
Heating
Wall Furnace: 1
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
Fee Simple Improved: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Available: 1
Sewer Connected: 1
Water Connected: 1
Income and Expenses
Maintenance Expense: 0
Possible Use
Other: 1
Business Type
Hotel/Motel: 1
Location Tax and Legal
Street Number: 421
Street Name: Reagan
Street Suffix: Lane
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Other
MLS Area Major: Gatlinburg
Subdivision Name: Other
Property Features
Basement: Full; Walk-Out Access
Business Type: Hotel/Motel
Construction Materials: Block; Masonry; Steel Frame; Stone
Cooling: Wall Unit(s)
Heating: Wall Furnace
Levels: Three Or More
Listing Terms: Cash; Conventional; Fee Simple Improved
Possession: Close Of Escrow
Possible Use: Other
Road Frontage Type: City Street
Road Surface Type: Paved
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Listing Office:
GATLINBURG REAL EST & REN
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.