Hotel for Sale at TN State Line

Tennessee, United States

$1850000

Sale conditions: Market

Snapshot

Active

Ownership: Fee Interest
Type: Hotel
Sub Type: Limited Service
Chain / Market Scale: Economy
Brand: Wyndham
Corridor: Exterior
No. of Keys: 64
Site Size: 2.94 AC

Originally built with 126 rooms. Owner razed one building in 2013 reducing rooms to 64 & built a 1,200 sq. ft. office. Roof — wooden truss system with composition shingle; 8” concrete block frame.
Rooms have a clean, comfortable, quiet country décor, recently renovated. New top sheets and bathroom signs recently installed. Improvements incl. replaced FF&E in all guest rooms, bed linens, interior & exterior paint, floor coverings, bath vanities, flat screen TVs in all rooms, conversion of five rooms to two-room suites totaling approx. $430,000.

PLEASE DO NOT CONTACT THE PROPERTY. ALL PROPERTY TOURS ARE SCHEDULED THROUGH HUFF, NIEHAUS.

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Property Sub Type: Limited Service
Chain / Market Scale: Economy
Brand: Wyndham
Corridor: Exterior
Keys: 64
Building Status: Existing
No. of buildings: 1
Stories: 3
Building size(SF): 25014
Site size: 2.94 AC
Parking Type: Surface
Parking Spaces: 88
Construction Type: Wood Frame
Year Renovated: 2013
Room Inventory Description:

59 King or Double Queen
5 Two Room Suites
ADA accessible

This 64-room property is an excellent first hotel for a partnership to operate, learning the Wyndham franchise system and hotel operations.

Common area amenities:

Other

High Speed Internet

Breakfast Area

Whirlpool

Outdoor Pool

Restaurant

Source of Business:

Other

Commercial

Additional Links:

Location


Country: United States
State: Tennessee
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

Documents


Confidentiality Agreement:
Brokers

H Brandt Niehaus, CHB CCIM

President
Huff, Niehaus & Associates, Inc.

AL #BRK 000083739 0
IN #RB14024457
KY #26654
MA #BRK 1000095
OH #BRK 0000352563
TN #00274520

502 254 7787
brandt@huffniehaus.com


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