4010 ParkwayPigeon Forge, TN 37863

Property Details for 4010 Parkway

Year built

1991

Lot size

6.00 AC

Property size (Sq ft)

72,548 SF

Property type

Hospitality properties

Property subtype

Hotels

Description

Exceptional investment opportunity in Pigeon Forge, Tennessee. This fee-simple owned, 122-key Days Inn by Wyndham boasts 72,548 square feet, including a 21,050-square-foot convention center capable of hosting up to 1,000 conference attendees or 800 banquet guests. The three-story hotel features an exterior corridor and amenities such as a heated outdoor pool and hot tub. Situated on a 6-acre lot, the property includes approximately 2 acres of excess land with elevated, unobstructed views, ideal for future expansion or development of a new hotel concept. Built in 1991, the hotel is zoned C-1 and offers unencumbered management. The asking price is $16,500,000, reflecting a price per square foot of $227.44. The property's APN is 094M A 005.02 & 094M A 005.04. This property is owned by Prosper Properties LLC. Note that the owner is also offering a three-hotel portfolio including this property for $44,000,000. This presents a unique chance to acquire a thriving hospitality asset in a prime location with significant upside potential.

Location Insight

City

Pigeon Forge

County

Sevier

State

Tennessee

Latitude

35.7766

Longitude

-83.5448

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