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173 Rafter Rd - Tellico River Retreat 5,746 SF Hospitality Building Offered at $4,133,052 CAD in Tellico Plains, TN 37385

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INVESTMENT HIGHLIGHTS

  • Tellico Riverfront, Luxury Event Center
  • Ample Parking, 16 Rooms Sleeps 30 Guests

EXECUTIVE SUMMARY

The parties herein acknowledge they have been informed of bankruptcy proceedings in the United States Bankruptcy Court, and this Agreement is contingent upon final judgment and decree authorizing the sale of Property. In the event that a final judgment sale authorization is not granted within 60 days of a bound agreement, the Buyer may terminate this Agreement with written notice to Seller with Earnest Money/Trust Money returned in full to Buyer, in which event all parties agree to execute all applicable documentation.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $107,926 $18.78
Other Income - -
Vacancy Loss - -
Effective Gross Income $107,926 $18.78
Taxes $12,395 $2.16
Operating Expenses $21,585 $3.76
Total Expenses $33,980 $5.91
Net Operating Income $73,946 $12.87

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $107,926
Annual Per SF $18.78
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $107,926
Annual Per SF $18.78
Taxes (CAD)
Annual $12,395
Annual Per SF $2.16
Operating Expenses (CAD)
Annual $21,585
Annual Per SF $3.76
Total Expenses (CAD)
Annual $33,980
Annual Per SF $5.91
Net Operating Income (CAD)
Annual $73,946
Annual Per SF $12.87

PROPERTY FACTS

Price $4,133,052 CAD
Price Per Room $258,316 CAD
Sale Type Investment
Sale Condition Distress Sale
Property Type Hospitality
Lot Size 1.26 AC
Building Size 5,746 SF
No. Rooms 16
No. Stories 3
Year Built 2009
Opportunity Zone Yes
Zoning Commercial - Commercial

AMENITIES

  • Smoke Detector

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 16 - -
  • Listing ID: 38834579

  • Date on Market: 2025-12-19

  • Last Updated:

  • Address: 173 Rafter Rd, Tellico Plains, TN 37385

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