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1010 Cosby Hwy
Newport, TN 37821
Quality Inn Newport · Hospitality Property For Sale · 94 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 94 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1968 |
| Lot Size | 2.75 AC | Parking Ratio | 1.83/1,000 SF |
| Building Size | 49,666 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.75 AC |
| Building Size | 49,666 SF |
| No. Rooms | 94 |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.83/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Bar
- Meeting Event Space
About 1010 Cosby Hwy , Newport, TN 37821
This 94-unit Quality Inn features a highly accessible and visible site just off Interstate 40 Exit 435, about 40 miles east of Knoxville, TN. Originally a Holiday Inn, it features 94 interior and exterior corridor units, a climate-controlled two-story atrium with indoor pool and spa, two conference rooms, and a sizable restaurant with commercial kitchen and multiple dining rooms. The restaurant is non-operational and presents upside potential for additional revenue. The neighborhood offers a high density of hotels, motels, retail, and restaurants, including Holiday Inn Express, Hampton Inn, Knights Inn, Family Inn, Best Western Motel, Walmart Supercenter, Cracker Barrel Restaurant, and numerous quick-service restaurants.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 94 | $60.00 | - |
PROPERTY TAXES
| Parcel Number | 056-018.00 | Improvements Assessment | $512,360 |
| Land Assessment | $189,760 | Total Assessment | $702,120 |
PROPERTY TAXES
zoning
| Zoning Code | C-3 |
| C-3 |
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