The South’s most amazing wedding and event venue.
The South’s most amazing wedding and event venue.
Price: $3,950,000
Listing ID: 1606693
This estate is a magnificent Greek revival estate on a rolling 32 acres nestled conveniently just two miles off of I-75 just outside Chattanooga, TN in the developing area of Ooltewah, Tennessee. The estate is the perfect getaway location for family events, exquisite weddings, corporate retreats, holiday parties, and the like. With resort-style accommodations set on quiet and private grounds, the grandeur of the estate Mansion is one that your guests will not soon forget.
The amenities are too numerous to name and must be seen in person to be appreciated. With heated outdoor resort-size pool, outdoor tennis court, indoor racquetball court, commercial caterer’s kitchen, billiard table, media room, overnight accommodations, and farm with barn, no matter what you choose, both entertainment and relaxation can be experienced.
The estate also features a hotel class spa/bridal accommodations featuring steam room, hot tub, cold dip waterfall, exercise room, sauna, massage room, water massage room, multiple showers, rest rooms, vanities for hair and make up, lockers, and so much more. Come be treated like a queen or king while spending your time at this glorious mansion. Customizable packages for all types of events can be created from one day weekday or weekend rentals to a wedding weekend lasting Friday-Sunday for the whole family and wedding party.
Incredible staff with impeccable service are here to guide you every step of the way so you maximize all that the estate has to offer for your next special wedding or event. This estate is a place to call home whether for a few hours or a few days. Schedule a tour to see why we are the perfect choice.
Gross Revenue: $308,666
Cash flow: $224,306
EBITDA: $209,935
FFE Included: Included in asking price
FFE: $672,772
Reason For Sale:
Focus on other businesses
Training & Support:
2 Weeks/14 Days @ No cost.
Year Established: 2016
Employees: 1
Square Footage: 20,619
Facilities Information:
The subject site contains approximately 32.12 acres of gross land area that is improved with a 20,619± square foot single family residence utilized as a residence and event venue. The site is also improved with a swimming pool, tennis court, solar panel farm, gravel parking lot and a 2,880 square foot wooden barn. The subject was constructed in stages between 1985 and 2001 and is considered to be in good condition
Competition:
None
Potential Growth:
Opportunity for more events with less restrictions and/or lower price points, opportunities for future expansion at barn for a separate wedding and or events venue or a second high end family rental for VRBO, etc. Building a large banquet room off the back of the Florida room would increase wedding exposure tremendously for larger weddings wishing to have one room for everyone.