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Brand New 32 Room Quality Inn Motel Near Nashville

Brand New 32 Room Quality Inn Motel Near Nashville

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....

Motel For Sale in Metro Memphis, TN

Motel For Sale in Metro Memphis, TN

Motel property is generating $200,000 per year in revenue! Seller's family 100% operates the property. 30 rooms plus 1 manager suite (2 bedrooms, living room, kitchen, dining area and 3 bathrooms all connected). Occupancy rate is 70%! At least 17 rooms have weekly extended stay customers. Renovated...

Tobacco Shop Business & Motel Property in Memphis

Tobacco Shop Business & Motel Property in Memphis

Motel property and tobacco shop bundle available together! Seller is willing to sell the motel property separately for only $649,000! Seller is NOT interested in selling the tobacco shop by itself. Tobacco shop is doing nearly $72,000 inside sales per month! High margin store! Lottery Commission...