2428 Winfield Dunn Parkway, Kodak, TN 37764 - hospitality property

Detailed information about hospitality property which situated in Kodak (37764) city, Tennessee state on 2428 Winfield Dunn Parkway.
Approximately 2 miles south of I-40 Exit 407.

Additional Information: Four-story, 56,264 SF La Quinta Inn & Suites hotel on +/- 2.46 acres, located 2 miles south of Interstate 40 Exit 407 in Sevierville, Sevier County, Tennessee. Sevier County is a primary tourist destination that attracts 11 to 13 million annual visitors. The property is located on Winfield Dunn Parkway, the area’s primary tourist traffic artery which is under expansion from 4 to 6 lanes. The property enjoys outstanding highway visibility and easy access via a lighted intersection. The hotel is located minutes from a multitude of tourist attractions, large outlet shopping malls, restaurants, municipal golf course and Douglas Lake. The bank-owned hotel is currently under new interim professional management. Consequently, financial records are only available for the past few months. A new franchisor PIP has been completed. Please submit a completed Confidentiality Agreement (see attached file) to received financials and PIP. This is an excellent opportunity to acquire a bank-owned hotel with significant upside potential. There are exclusions to the listing. • • Priced at less than $37,000 per room at $3,700,000• • Bank-owned property• • Fee simple ownership• • Convenient to Interstate 40 and area tourist attractions