Details - Information last confirmed on April 15, 2021
Brand New 32 Room Quality Inn Motel near Nashville, Tennessee. Interior Corridor, 2 Floors. Built in late 2016. NO PIP. Appraised at $3,400,000. High Revenues - $884,000 in 2017. Occupancy Rate: 85%. ADR over $110/Night. Great motel for first time buyer. Low Property Taxes - $18.000/Year. NOI over $200,000/Year. Excellent Reviews. Great Staff. Bank will finance at good rates/terms. Sale Price: $3,300,000. Nashville market in top 5 Hotel/Motel markets in US. Amazon investing over $230 Million in Nashville in 2019. New MLS Soccer stadium being built. Won't Last.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.