Sunrise Inn is currently operated as a daily/weekly/monthly rental. The property is ideally positioned for renovations and updates, resulting in increased revenue for investors. The seller enjoys 100% occupancy due to the property's convenient location and the lack of short-term rentals in the Philadelphia/Loudon area. Long-term occupancy history. Value add. Demonstrated need for short-term rentals in the area. One of the fastest growing counties in Tennessee. New Metal Roof in 2015. The seller also owns the .74-acre parcel across the street, which can be purchased for $100,000.
MLS# | 1279428 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1960 |
Days On Site | 23 |
Listing Provided By | NAI Koella l RM Moore | Ryan McElveen |
SQ Feet | 4,746 |
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Units | 11 |
State | TN |
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County | Loudon County 32 |
City | Philadelphia |
Zip Code | 37846 |
Area | Loudon County 32 |
Subarea | 32 |
Listing VS Median (in 37846) | |
Price: $600,000 low | high Med: $382,250 SqFt: 4,746 low | high Med: 1,760 $ / SqFt: $126 low | high Med: $217 On Site: 23 low | high Med: 100.000000 |