Smoky Mountain Resort, Lodging and Conference | 2525 Goldrush Rd
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Smoky Mountain Resort, Lodging and Conference 2525 Goldrush Rd
28 Room Serviced Apartment Sevierville, TN 37863 $21,120,303 CAD ($754,297 CAD/Room)
Investment Highlights
- Heated outdoor pool, volleyball, horseshoes, softball, outdoor wedding venue
- 15 residential guest buildings (approximately 53,562 sq.ft.)
- 3 other buildings (approximately 12,144 sq.ft.)
- Two conference facilities; Lodging - 67 bedrooms and 72 bathrooms
- 1 residential staff building (approximately 1,248 sq.ft.)
- On-premises workforce laundry
Executive Summary
This unique short-term rental (STR) resort planned unit development (P.U.D.) is located less than 0.6 mile from Dolly's Splash Country and 1.2 miles from Dollywood. The property abuts the recently opened Jake Thomas Road, a long-awaited direct connection between Veterans Blvd. and the Parkway in Pigeon Forge. This is a rare opportunity to acquire significant acreage within the Pigeon Forge city limits. R-2 for high density residential zoning allows a variety of uses. Utility water, sewer, and natural gas are on site. 28 STR units - 1BR/1BA to 15 BRs/17BAs. Of the 40.76 total acres, approximately 23 acres are available for additional future development. The sellers will consider partial seller financing for well-qualified buyers. A separate listing of 19 buildings and 17.52 acres is available for $12,900,000 and a separate listing of 23.24 acres only is available for $2,500,000.
This property is available with a reduction in the amount of acreage to 17.52, at a price of $12,900,000. There is also a separate listing of the acreage only of 23.24 acres at a price of $2,500,000.00
This property is available with a reduction in the amount of acreage to 17.52, at a price of $12,900,000. There is also a separate listing of the acreage only of 23.24 acres at a price of $2,500,000.00
Property Facts
| Price | $21,120,303 CAD | Building Size | 66,924 SF |
| Price Per Room | $754,297 CAD | No. Rooms | 28 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 2002 |
| Property Subtype | Serviced Apartment | Parking Ratio | 1.32/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 40.76 AC |
| Price | $21,120,303 CAD |
| Price Per Room | $754,297 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Building Class | B |
| Lot Size | 40.76 AC |
| Building Size | 66,924 SF |
| No. Rooms | 28 |
| No. Stories | 1 |
| Year Built | 2002 |
| Parking Ratio | 1.32/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 28 | $843.39 CAD | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $67,684 CAD | Total Assessment | $67,684 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$67,684 CAD
Improvements Assessment
$0 CAD
Total Assessment
$67,684 CAD
zoning
| Zoning Code | R-2 (High density residential zoning) |
| R-2 (High density residential zoning) |
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Smoky Mountain Resort, Lodging and Conference | 2525 Goldrush Rd
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