9% YoY Revenue Growth | Attractive 3.50x Room Revenue Multiple
Marketing description
Chris Beavers and Mitch Glasson are proud to represent their clients in the disposition of Quality Inn Johnson City Exit 17 - an exceptional acquisition opportunity for hoteliers and extended stay conversion specialists looking for seven figure performance potential in an up-and-coming city.
Named the #1 Best Place to Live in 2025 by Travel + Leisure Magazine, Johnson City includes its schools, safety, health care, outdoor living without big-city overhead as its primary reasons for the popularity.
Investment highlights
Demonstrated Revenue Growth
The property is generating increasing year-over-year revenue (9% increase in 2025), signaling operational momentum and strengthening market positioning. Buyers are stepping into a business with proven demand—not an uphill battle.
Attractive 3.50x Room Revenue Multiple
Offered at just 3.50x Room Revenue, the asset presents a compelling basis relative to recent comparable sales. This pricing allows room for upside while maintaining conservative entry metrics for SBA and conventional buyers.
Minimal Change-of-Ownership PIP
The brand-imposed change-of-ownership PIP is limited in scope, reducing upfront capital expenditures and preserving liquidity post-acquisition. Post PIP QA Scores came back at 88.1% post PIP inspection.
Quality Returns
15% Cash on Cash Return at all-in List Price
21% Total Annual Return at all-in List Price
Strong Institutional & Leisure Demand Drivers
The hotel benefits from consistent, diversified demand within immediate proximity:
East Tennessee State University – A major regional university driving year-round visitation from faculty, athletic events, conferences, and visiting families.
Johnson City Medical Center – A leading regional healthcare facility supporting medical, corporate, and patient-family lodging demand.
Franklin Woods Community Hospital – An additional healthcare anchor expanding steady weekday occupancy.
Freedom Hall Civic Center – Hosts concerts, sporting events, and conventions that generate compression demand.
Buffalo Mountain Park & Trails – A regional outdoor attraction supporting weekend and seasonal leisure travel.
Broker of Record
Hutt Cooke
License # 263667, 356505 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550