The Lodge at Tellico

Tellico plains, TN   Offered for sale at $2,150,000

Turnkey 16-room boutique hotel on 3.27 +/- landscaped acres in East Tennessee. Adjacent to Cherokee National Forest, the Cherohala Skyway, numerous popular scenic drives, waterfalls, and watersports. Hotel has 6 separate buildings. Four separate cabin-style buildings contain 4 private rooms with private bathroom, covered porches, fiber optic internet, and Generac back-up generators. All rooms are cabin-style with open floor plan, cathedral ceilings, custom king size beds, TVs, mini-fridges, and more. Eight rooms include whirlpool tubs, walk-in showers, and gas fireplaces. Guests enjoy the landscaped waterfall and pond, self-service laundry, game room, covered outdoor pavilion with BBQs and fire pit and enclosed motorcycle garage. Numerous recent capital improvements include massive 2023 courtyard renovation, all rooms repainted in 2022, pavement resurfacing in 2023. Property is zoned unrestricted, affording future development.

High return customer rate. 5-star Google and Trip Advisor reviews. Mature adult customer base who visits to enjoy a vacation in a resort-like setting. Popular with groups. Strong cap rate and several easily actionable opportunities for growth of the business.

Spacious on-site owner’s quarters with vaulted ceilings, extra-large restaurant-style kitchen with granite countertops, professional stove and more. Owners detached three car garage can be converted into rental cabin unit. Tellico Plains is listed as one of the best small towns by numerous travel and lifestyle guides and supports tourism while maintaining a peaceful, small-town atmosphere. Local restaurants and attractions for guests with a range of interests.

• 16 guest rooms with baths
• Additional rental unit with full kitchen, private bath and sleeps 6
• Built in 2009
• 3 acres
• Separate owner/manager quarter with large wrap around covered deck and attached 2-car carport. Includes office, lobby/giftshop, breakfast room, finished basement with laundry, storage and workshop areas.
• Additional detached 3 car garage
• ADR $130

Property Details
  • 16 Guest Rooms
  • 16 Guest Room Baths
  • Has Owner's Quarters
  • Built in 2009
  • Last Renovated in 2023
  • Opened in 2010
  • Building is 7,000 SQFT
  • Lot is 3.27 Acres
  • Photo Gallery
  • Property Website
Financial Details
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