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Hotel Knoxville foreclosed, sold in auction

Hotel Knoxville was Knoxville's largest hotel with 378 rooms and 26 meeting rooms./ Source:...
Hotel Knoxville was Knoxville's largest hotel with 378 rooms and 26 meeting rooms./ Source: WVLT News(WVLT)
Published: May. 18, 2020 at 9:34 PM EDT
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Hotel Knoxville was sold in an auction after being closed down since March.

The popular, pyramid-shaped hotel, located at 501 E Hill Avenue, closed its doors last month amid the coronavirus pandemic.

According to property tax assessor records, the business was sold in an auction to a New York buyer on March 17 after closing on March 16. The hotel was purchased for $8.3 million by BSPRT Knox Owner LLC.

Hotel Knoxville, which opened in 1972, is Knoxville's largest hotel with 378 rooms and 26 meeting rooms.

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