Property History
3CRE Commercial Real Estate is pleased to present the historical 34-Suite Donoho Hotel for sale. The Donoho Hotel is a historic Bed & Breakfast in Red Boiling Springs, Tennessee, United States. Built in 1914, the Donoho is one of three hotels remaining from the early-20th century resort boom at Red Boiling Springs, and the last of the great white frame hotels with full- length two-story verandas. Although it has changed ownership several times, the Donoho has remained in operation continuously since its opening. In 1986, the hotel and several outbuildings were added to the National Register of Historic Places as a historic district. President Woodrow Wilson was one of the most prominent guests to stay at the Donoho.
THIS DEAL IS SOLD AS-IS WITH NO FINANCIALS, THERE IS A LAND LEASE IN PLACE WITH THE CURRENT OPERATOR, WHICH WILL BE TERMINATED AT THE TIME OF SALE. ALL FF&E IS INCLUDED IN THE SALE, AND WILL TRANSFER TO THE NEW OWNERSHIP MAKING THIS A TURNKEY OPERATION. THE OWNER IS WILLING TO SELLER FINANCE TO A QUALIFIED BUYER.
TURNKEY BED AND BREAKFAST FOR NEW OWNER OPERATOR
ALL FF&E INCLUDED IN SALE
ON-SITE ENTERTAINMENT FACILITY
100+ YR OLD HISTORIC BED & BREAKFAST
NO HISTORICAL FINANCIALS | AS IS TRANSACTION
SELLER FINANCING AVAILABLE FOR QUALIFIED BUYER
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