523 Parkway, Gatlinburg, TN 37738
$1,550,000
Property Type:
Commercial Sale
Square Footage:
33,580
Status:
Closed
Current Price:
$1,550,000
List Date:
1/05/2015
Last Modified:
8/23/2024
Description
Great opportunity to buy a newly renovated hotel in Gatlinburg,Tn. This 53 room hotel has just gone through a major renovation and is almost complete. Here is a list of the new items: gutters, snow guards,door locks,custom made furniture, carpet & tile, mattresses with covers (some are memory foam others are Sealy), all new 42 inch flat screen LG TV's, most new heat and air units in every room, new paint inside and out,full size refrigerators, exit signs,tile showers,toilets,new washing machine in laundry room,new vanities,new lobby with Inn soft hotel soft ware. Two 3 bedroom managers quarters. This is a must see property and its only 2 miles to the new Rocky Top Sports complex in Gatlinburg. Walking distance to downtown Gatlinburg. Shown by appointment only. call listing agent
More Information MLS# 193758
Location, Tax, and Legal
Restrictive Covenants YN: No
Zoning: C-2
Zoning Entity: Gatlinburg
Tax Lot: 000
Tax Annual Amount: 9833.4
Tax Year: 2013
Contract Information
Owner Name: owner of record
Listing Agreement: Exclusive Right To Sell
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: $1,550,000
Original List Price: 1575000
Sold Price: $1,550,000
Status: Closed
Listing Contract Date: 2015-01-05
General Property Information
Number Of Buildings: 0
Lot Size Acres: 0
Business Name: Country Town & Suites
Bonus Room YN: No
Number of Bonus Rooms: 0
Sign On Property YN: No
List Price/SqFt: 49.14
Sold Price/SqFt: 46.16
Living Area: 33580
Remarks and Miscellaneous
Public Remarks: Great opportunity to buy a newly renovated hotel in Gatlinburg,Tn. This 53 room hotel has just gone through a major renovation and is almost complete. Here is a list of the new items: gutters, snow guards,door locks,custom made furniture, carpet & tile, mattresses with covers (some are memory foam others are Sealy), all new 42 inch flat screen LG TV's, most new heat and air units in every room, new paint inside and out,full size refrigerators, exit signs,tile showers,toilets,new washing machine in laundry room,new vanities,new lobby with Inn soft hotel soft ware. Two 3 bedroom managers quarters. This is a must see property and its only 2 miles to the new Rocky Top Sports complex in Gatlinburg. Walking distance to downtown Gatlinburg. Shown by appointment only. call listing agent
Directions: At light 3 in Gatlinburg turn on to East parkway towards city hall (Cosby) hotel will be on the left about 3/4 mile from light 3.
Status Change Information
Status Change Timestamp: 2016-04-15
Buyer Financing: Conventional
Major Change Timestamp: 2016-04-17T09:00:00Z
Major Change Type: Price Change
Price Change Timestamp: 2016-04-17T09:00:00Z
Purchase Contract Date: 2015-10-04
Close Date: 2016-04-15
Close Price: 1550000
Currently Not Used
Book/Page/Doc #: 4020, 601
Listing Terms
Fee Simple Improved: 1
Income and Expenses
Maintenance Expense: 0
Showing Requirements
Showing Instructions: Shown by appointment only. Call Craig at 865-607-5555. Square footage taken from tax records. Please do not call hotel or bother employees for information or viewing call listing agent
Location Tax and Legal
Street Number: 523
Street Name: Parkway
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Other
MLS Area Major: Gatlinburg
Subdivision Name: Other
Property Features
Listing Terms: Fee Simple Improved
Listing Office:
All Pro REALTORS, Inc.
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.