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7052 E Lamar Alexander Parkway

Townsend, TN 37882
  • $2,049,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: 268089
UPDATED: 46 min ago
$2,049,000
  • 0
    BEDS
  • 2.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,940
    SQFT
  • $229
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1972
County:

School Ratings & Info

Listing courtesy of SVN I Wood Properties.


Description

The Trailblazer is a short-term rental investment opportunity featuring 16 units in the heart of Townsend, TN. The property is located just 8 minutes from the entrance of the Great Smoky Mountain National Park, the most visited park in the United States, and is near both Pigeon Forge and Gatlinburg which offer a variety of attractions and activities. The recently renovated property is turn-key, showcasing brand-new kitchenettes, fixtures, and furniture ensuring guests a modern and comfortable experience. Outside, the facade and landscaping of the property have been updated and firepit areas and grills have also been added. Alternatively, the property could also be operated as a motel. This option capitalizes on a market with limited competition, presenting an opportunity to increase the NOI.

Monthly Payment Calculator

Copyright 2024 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2024-02-20T23:16:23.093.
www.smokylistings.com/homes/146969940
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7052 E Lamar Alexander Parkway Townsend, TN 37882

  • Price: $2,049,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 46 min ago
  • ID#: 268089
0
Beds
0
Baths
0
½ Baths
2.13
Acres
8,940
SQFT
$229
$/SQFT
1972
Built
Neighborhood:
N/A
County:
Blount
Area:
Townsend/Walland
Property Description
The Trailblazer is a short-term rental investment opportunity featuring 16 units in the heart of Townsend, TN. The property is located just 8 minutes from the entrance of the Great Smoky Mountain National Park, the most visited park in the United States, and is near both Pigeon Forge and Gatlinburg which offer a variety of attractions and activities. The recently renovated property is turn-key, showcasing brand-new kitchenettes, fixtures, and furniture ensuring guests a modern and comfortable experience. Outside, the facade and landscaping of the property have been updated and firepit areas and grills have also been added. Alternatively, the property could also be operated as a motel. This option capitalizes on a market with limited competition, presenting an opportunity to increase the NOI.
Exterior Features

Access Highway

Interior Features

Basement None Bonus Rooms No Number Of Rooms 16 Stories One

Property Features

Annual Tax 3571.62 Commercial Type Fee Simple Improved Current Use Motel/Hotel District 15 Lot Block Unit n/a Owner Financing No Proposed Financing CashConventional Restrictive Covenants No Tax Year 2022 Zoning Other Zoning Entity Blount County

Copyright 2024 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of SVN I Wood Properties | Office Phone: 8659369999 .

Copyright 2024 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2024-02-20T23:16:23.093.
 
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Colonial Real Estate
1380 Dolly Parton Parkway
Sevierville TN, 37862
Listing courtesy of SVN I Wood Properties.