Sunrise Inn | 20370 W Lee Hwy
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Sunrise Inn 20370 W Lee Hwy
14 Room Hotel Philadelphia, TN 37846 $600,000 ($42,857/Room)
Investment Highlights
- Long-term occupancy history
- Demonstrated need for short-term rental
- Value add
- One of the fastest growing counties in Tennessee
Executive Summary
Sunrise Inn is currently run as a daily/weekly/monthly rental. The property is ideally positioned for renovation/updates resulting in increased revenue for an investor. The seller currently enjoys 100% occupancy due to the lack of short term rentals in the Philadelphia area.
Located in Loudon County, Tennessee, Sunrise Inn is situated at the intersection of Pond Creek Road (Highway 323) and Highway 11. The property is close to major farming/agritourism employers and just a short distance from Philadelphia School.
Located in Loudon County, Tennessee, Sunrise Inn is situated at the intersection of Pond Creek Road (Highway 323) and Highway 11. The property is close to major farming/agritourism employers and just a short distance from Philadelphia School.
Property Facts
| Price | $600,000 | Building Size | 4,746 SF |
| Price Per Room | $42,857 | No. Rooms | 14 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 3.58/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.21 AC |
| Price | $600,000 |
| Price Per Room | $42,857 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 4,746 SF |
| No. Rooms | 14 |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 3.58/1,000 SF |
| Corridor | Exterior |
Amenities
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $85.00 | - |
| Guest Room | 12 | $56.00 | - |
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PROPERTY TAXES
| Parcel Number | 055-064.00 | Improvements Assessment | $83,960 |
| Land Assessment | $9,600 | Total Assessment | $93,560 |
PROPERTY TAXES
Parcel Number
055-064.00
Land Assessment
$9,600
Improvements Assessment
$83,960
Total Assessment
$93,560
zoning
| Zoning Code | GC (General Commercial) |
| GC (General Commercial) |
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Sunrise Inn | 20370 W Lee Hwy
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