www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29969860
28900294

170 Rafter Rd, Tellico Plains, TN 37385

AB
TN 336789
Wallace Real Estate
Listed by Wallace Real Estate
$1,750,000
173 days on market
Updated 10 days ago

River Front Lodge

Details
APN 146 114.00
Property Type Hospitality
Sub Type Motel
Square Footage 4,896
Keys 11
Beds 14
Price per SqFt $357
Broker Co-Op Yes
Year Built 2009
Buildings 1
Stories 2
Acreage 2.270
Zoning Commercial
Parking Spaces 14 spaces
Parking Per SqFt 2.86
Investment Type Value Add
Ownership Tellico Rentals, LLC.
Sale Condition Distressed

River Front Hospitality | 11 Keys | $181,818/key

Marketing description

Income-producing riverfront lodge on the iconic Cherohala Skyway, perfectly positioned for investors seeking a turn-key hospitality opportunity in the thriving Tellico Plains market. Nestled directly on the beautiful Tellico River, this striking log lodge—log cabin inside and out—offers an authentic East TN experience that today’s travelers and tourists actively seek out. The property features 11 total rental units, including five large suites ideal for families and groups, and six smaller units well-suited for couples and individual travelers. A spacious community back porch runs the length of the river side of the building, giving guests a relaxing place to gather and enjoy the sights and sounds of the water, a compelling amenity that supports strong occupancy, guest satisfaction, and repeat business.

The grounds further enhance the guest experience, with a large grassy area for gatherings and activities, multiple grills, and a fire pit that serves as a natural evening focal point for socializing and events. This layout and setting make the lodge extremely attractive for corporate and company retreats, small weddings and destination elopements, family reunions, multi-family vacation groups, and motorcycle, car, and outdoor enthusiast groups. Its location in the heart of Tellico Plains, overlooking the famed Cherohala Skyway, is a major demand driver: the Skyway is a nationally known scenic byway that draws a steady stream of tourists, motorcyclists, sports car clubs, fall leaf visitors, hikers, anglers, and outdoor adventurers traveling between Tennessee and North Carolina through high-elevation national forest. This consistent drive-to tourism base from across the Southeast and Midwest creates reliable transient demand and strong potential for shoulder and peak-season occupancy.

Investment highlights

2023 Gross Income: $197,173 2024 Gross Income: $227,498 2025 YTD $208, 649 2024 Taxes: $4,517.79 Cleaner charge $100 per turnover Seller pays a 20% Property Management fee that includes: Marketing, Credit Card Fee, Cleaning, Minor Maintenance, Payroll, Cleaning Supplies, and Laundry The Seller owns several properties (close to 50) and pays $400 total for all trash pickup, $300 for accounting for all properties and lawn mowing is $1,350 per month for all properties along with regular maintenance supplies roughly $3,000 for all. Current staff is ready to work with new owners for a seamless transition.

Listing Contacts

AB
TN 336789
Wallace Real Estate
Listed by Wallace Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
April Blankinship
License
336789
Brokerage
Wallace Real Estate
Brokerage Phone
8659661111
Title
Real Estate Broker
Brokerage Address
10815 Kingston Pike
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591