Catylist ID: #30339720
American Eagle Inn, Monteagle, TN FOR SALE
Hospitality for Sale
|Catylist Listing ID:||30339720|
|Number of Units:||46 Units|
|Building Size (RSF):||21,820 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||2.04 Acres|
|Unit Price:||$39,130.43 Per Unit|
|Property Use Type:||Business|
|Building Name:||American Eagle Inn - Hotel for Sale|
|Name of Establishment:||American Eagle Inn|
|Sale Terms:||Cash to Seller|
Overview / Comments
Monteagle, TN Hotel FOR SALE. American Eagle Inn located at 509 West Main Street, Exit 134 on I-24, Monteagle, TN, next door to McDonald's.
The property is being sold "AS IS". Buyer will have the opportunity to continue as American Eagle Inn or re-brand to a new name.
Property consists of 21,253 square feet on 2.04 prime acres, fully furnished with a total of 46 rooms, including 2 handicap rooms, 32 double queen rooms, 10 king rooms, and 2 extended stay rooms. Hotel has 3 phase power with 24-hour service.
Built in 2006 featuring a mountain rustic look and feel. Entrance is a cozy great room foyer with large mountain stone fireplace extending to the 2nd floor.
Great room is set up to serve a continental breakfast.
South Cumberland State Park is nearby with hiking, fishing, and beautiful mountain and bluff scenery. The University of the South is located just down the road in Sewanee, TN.
Owner is retiring and has decided to sell. "Tremendous upside for new owner."
Attachments & Media
|Finance Data Year||2018|
|Real Estate Taxes - Annual($)||$13,500 (Annual)|
|Submarket Type:||Central Business District|
|Tax ID/APN:||107G C 008.01|
|Largest Nearby Street:||Interstate 24|
|Site Description:||American Eagle Inn is located just off I-24, Exit 134 atop Monteagle Mountain, TN, directly next door to McDonald's on Main Street just a few minutes from the University of the South. Property includes a vacant lot that will accommodate an additional 22 units.|
|Nearby Attractions:||Cumberland State Park, Sewanee University of the South, Fiery Gizzard Trail, DuBose Conference Center, The Assembly, St. Andrews School|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Proximity:||3 miles||5 miles|
Lee T HarperHudson Commercial, LLC Greater Chattanooga REALTORS® Member
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