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Tanglewood Village & Shops 1595 Soco Rd

17 Room Hotel Maggie Valley, NC 28751 $2,552,490 CAD ($150,146 CAD/Room)

Executive Summary

Exceptional Opportunity to own a Newly Renovated Hospitality Business! Nestled in a scenic location with incredible mountain views, this well-known property offers a unique blend of rustic charm + modern curb appeal. Landscape includes the following: 3 Cozy 2-bedroom cabins each with inviting fireplaces, perfect for family getaways; A Romantic honeymoon cabin equipped with a deluxe jetted jacuzzi tub and fireplace, ideal for anyone seeking a special retreat; A 17-room motel newly renovated offering diverse opportunities, a large attached office which has ample space to allow for a full restaurant/bar should you choose. Additionally you will find a large 30x43 bldg. located in the back of the property, can make a great setting for private parties, group meetings or being creekfront a perfect spot for a quaint wedding. Guests will love the large green spaces where they can relax on the porch, soak in the peaceful mountain views, all will enjoying the soothing sounds of the nearby creek. For groups or families, the covered pavilion is a fantastic gathering spot complete with BBQ grills, fireplace & comfy rocking chairs. Close to many attractions: Cataloochee Ski Resort & Historic Cataloochee Range, Smoky Mtn National Park & the best motorcycle rides on the Blue Ridge Parkway.

Property Facts

Price $2,552,490 CAD
Price Per Room $150,146 CAD
Sale Type Investment
Sale Conditions
Business Value Included
  • Building in Shell Condition
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.91 AC
Construction Status Converted
Building Size 12,209 SF
No. Rooms 17
No. Stories 1
Year Built/Renovated 1964/2023
Parking Ratio 1.64/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 17 $93.85 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7696-37-6394
Land Assessment
$363,193 CAD
Improvements Assessment
$673,195 CAD
Total Assessment
$1,036,388 CAD

zoning

Zoning Code C-1 (Commercial)
C-1 (Commercial)
  • Listing ID: 32877959

  • Date on Market: 2024-08-19

  • Last Updated:

  • Address: 1595 Soco Rd, Maggie Valley, NC 28751

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