Jeff Roike - Commercial Real Estate Showcase

Jeff Roike Property Listings
Real Estate Advisor/Broker
SVN | HPW Commercial
1001 Wade Ave
Raleigh, NC 27605-3322
(919) 789-5215
(919) 783-0094


SVN Hotels Senior Vice President Jeff Roike brings with him over 30 years of national hotel experience with major hotel chains Marriott International,... More
SVN Hotels Senior Vice President Jeff Roike brings with him over 30 years of national hotel experience with major hotel chains Marriott International, Hilton Worldwide and Starwood Hotels and Resorts Worldwide. Over his career he has acquired a thorough understanding of hotels and hospitality, with extensive experience in hotel acquisitions, openings, operations, renovations and disposition. This knowledge and experience affords him the unique position of representing, promoting and guiding clients and hotels advisors through the complex process of hotel brokerage in the ever-changing hospitality market. Less 
DetailMap
141 Furrow Way

Alcoa, TN 37701 - Blount County Submarket


Property Type:Hospitality Number of Rooms:95 Status:Existing Year Built:2007
Stories:3 Building Size:50,350 SF Land Area:3.1 AC (135,036 SF)
For Sale Price:$9,600,000 Price/Room:$101,053 Cap Rate:8.80 %

Parking:-



Sale Notes:
The Courtyard Knoxville Airport Alcoa is a recently renovated, three story, block and plank constructed property featuring the latest Courtyard design package by Marriott as well as the new Bistro food and beverage concept. The Trailing-12 Knoxville Market has reflected an outstanding 11.6% RevPargrowth year-over-year. The Hotel's strong RevPar index over the past two years of 121.1 and 144.3 respectively continues to climb while the competitive set has actually declined significantly during the same two year timeframe. The Hotel'sexcellent condition and brand affiliation should continue to allow the Property to over penetrate the comp and gain market share while delivering stable, consistent results.

SVN | HPW Commercial
Jeff Roike
(919) 789-5215




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