Smoky Mountain Resort

Newport, Tennessee
www.innpartners.com/inn/smoky-mountain-resort
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Property Type
Bed & Breakfast / Inn
Guest Rooms
9
Baths
9
Restaurant
Yes
Owners Quarters
Yes
Asking Price
$1,700,000

Occupancy Rate
32%
Average Daily Rate
$235
Gross Revenue
$34
Gross Revenue Multiplier
NA

Property Overview

Gross sales in 2016 up 30% over 2015! This luxury Smoky Mountain resort for sale does not leave much to be desired by prospective innkeepers. The property was purpose built for romantic getaways, intimate weddings and fine dining experiences and the physical plant, with 6 two-story columns and expansive public areas, bespeaks elegance (without the maintenance required of an older building). The Inn has all the elements to be an intimate destination resort and has positioned itself over the last few years as an unparalleled venue for Smoky Mountain weddings and events. This is mainly due to the Inn's location, with majestic views of the Smoky Mountains, outstanding facilities and sprawling grounds.