239 Dollywood Lane, Pigeon Forge, TN 37863
$3,950,000
Property Type:
Commercial Sale
Square Footage:
57,087
Lot Size (sq. ft.):
200,376
Status:
Closed
Current Price:
$3,950,000
List Date:
8/18/2015
Last Modified:
8/23/2024
Overview
Description
Sperry Van Ness/R.M.Moore, LLC is pleased to exclusively offer for sale this impressive independent, interior corridor, all-suites hotel which was originally built as a Homestead Suites (Hilton brand). The hotel operates very profitably as an independent hotel, but would also be an attractive flag conversion. It may also be suitable for conversion to an assisted living, retirement, skilled nursing, or other healthcare-related residential facility. In addition to having 53 all suites(52 of which have kitchens), it has multiple meeting spaces and offices, and ample parking. There is an outdoor pool, game room, fitness room, and guest laundry. The hotel is located directly across from the Gatlinburg Golf Course and is a short drive from the entrance to Dollywood theme park and Dolly's Splash Country.
Listing Details MLS# 198550
General Property Information
- Number Of Buildings
- Yes
- Lot Size Acres
- 4.6
- Living Area
- 57087
- Business Name
- All Season Suites
- Year Built
- 1995
- Bonus Room YN
- No
- Sign On Property YN
- Yes
- List Price/SqFt
- 77.08
- Sold Price/SqFt
- 69.19
- Number of Bonus Rooms
- 0
Property Features
Building Features:
Fixtures; Furniture; Reception Area; Restrooms
Business Type:
Hotel/Motel
Levels:
Two
Listing Terms:
Cash; Conventional; Fee Simple Improved
Parking Features:
On Site; Paved
Possession:
Negotiable
Possible Use:
Other
Road Frontage Type:
City Street
Road Surface Type:
Paved
Utilities:
Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Showing Requirements:
Appointment Only; Call Listing Agent
Location Tax and Legal
- Street Number
- 239
- Street Name
- Dollywood
- Street Suffix
- Lane
- County
- Sevier
- State
- TN
- Zip Code
- 37863
- Property Sub Type
- Other
- MLS Area Major
- Pigeon Forge
- Subdivision Name
- Other
Contract Information
- Original List Price
- 4400000
- Listing Contract Date
- 2015-08-18
- Owner Name
- Collier Dev. Group
- 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
Remarks and Miscellaneous
- Public Remarks
- Sperry Van Ness/R.M.Moore, LLC is pleased to exclusively offer for sale this impressive independent, interior corridor, all-suites hotel which was originally built as a Homestead Suites (Hilton brand). The hotel operates very profitably as an independent hotel, but would also be an attractive flag conversion. It may also be suitable for conversion to an assisted living, retirement, skilled nursing, or other healthcare-related residential facility. In addition to having 53 all suites(52 of which have kitchens), it has multiple meeting spaces and offices, and ample parking. There is an outdoor pool, game room, fitness room, and guest laundry. The hotel is located directly across from the Gatlinburg Golf Course and is a short drive from the entrance to Dollywood theme park and Dolly's Splash Country.
- Directions
- From the Parkway (US 441) in Pigeon Forge, turn at Light #8 onto Dollywood Lane. Follow to first traffic light and the property is on the Left.
Status Change Information
- Major Change Timestamp
- 2016-02-01T06:36:33Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2016-02-01
- Purchase Contract Date
- 2015-10-23
- Close Date
- 2016-02-01
- Close Price
- 3950000
- Buyer Financing
- Conventional
More Information
Currently Not Used
- Book/Page/Doc #
- 4512, 741
Showing Requirements
- Showing Instructions
- Agents: Please do not disturb business operations. Contact listing agent to arrange showings.
- Appointment Only
- Yes
- Call Listing Agent
- Yes
Location, Tax, and Legal
- Restrictive Covenants YN
- Yes
- Zoning
- C-6
- Zoning Entity
- Pigeon Forge
- Tax Lot
- Tr.2
- Tax Annual Amount
- 17569
- Tax Year
- 2014
Levels
- Two
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Fee Simple Improved
- Yes
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Negotiable
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Available
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Income and Expenses
- Maintenance Expense
- 0
Possible Use
- Other
- Yes
Building Features
- Fixtures
- Yes
- Furniture
- Yes
- Reception Area
- Yes
- Restrooms
- Yes
Business Type
- Hotel/Motel
- Yes
Listing Office:
Sperry Van Ness/R M Moore, LLC
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.