1421 Murrays Chapel Rd - Hospitality FOR SALE


Sweetwater, TN 37874
$10,000,000 USD
404-398-2090
1421 Murrays Chapel Rd, Sweetwater, TN for Sale
$10,000,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

1421 Murrays Chapel Rd
Sweetwater, TN 37874


HIGHLIGHTS

  • Right Off I-75
  • Great View
  • Restaurant / Bar On Site
  • Fully Furnished
  • All Rooms with Kitchens
  • Close to All Demand Generators

OVERVIEW

Offered Price: $10,000,000 (Delivered with Renovation) Rooms: 141 Exterior Corridor Lot Size: 4 acres 2 Stories Close to All Demand Generators Bank Financing Available Property Features: Right Off I-75 Indoor Pool Great View Restaurant / Bar On Site Fully Furnished Approximately 4,000 sqft. All Rooms with Kitchens Ballroom Available The Extended Stay in Sweetwater, Tennessee is strategically located right off Interstate 75, providing excellent visibility and seamless regional connectivity. The property sits approximately 3 miles from Downtown Sweetwater, offering close access to shopping, dining, and city amenities. Several notable landmarks and attractions surround the area, including Sweetwater Valley Farm (about 7 miles), known for its award-winning cheeses, and the Lost Sea Adventure (roughly 6 miles), a popular underground lake and cave system that draws consistent regional attention. In addition, the property is approximately 30 miles south of Knoxville and 60 miles north of Chattanooga, positioning it well within two of East Tennessee’s most significant metropolitan markets. The location also benefits from proximity to Cherokee National Forest (around 20 miles), providing year-round recreational appeal, and Fort Loudoun State Historic Park (about 15 miles), an established historic and cultural site. With direct interstate frontage, steady regional traffic, and nearby attractions that strengthen the area’s visibility, this asset holds long-term operational and investment appeal. Location Highlights: 1. Interstate Access – Conveniently located right off Interstate 75, providing excellent connectivity to regional markets and strong visibility. 2. Proximity to Downtown – Approximately 3 miles from Downtown Sweetwater, offering close access to shopping, dining, and city services. 3. Nearby Attractions – Within minutes of key regional destinations including Lost Sea Adventure (~6 miles), Sweetwater Valley Farm (~7 miles), and Cherokee National Forest (~20 miles). 4. Access to Major Cities – Positioned about 30 miles south of Knoxville and 60 miles north of Chattanooga, two of East Tennessee’s largest metropolitan areas. 5. Historic & Cultural Sites – Close to Fort Loudoun State Historic Park (~15 miles), adding historic and recreational value to the area. Developments coming to Sweetwater, Tennessee, that could drive hotel business for a location like an Extended Stay are focused on industrial growth and infrastructure. The city's location on I-75 between Knoxville and Chattanooga makes it an attractive site for logistics and manufacturing. Here are the key developments that could drive hotel business in the Sweetwater area: Red Stag Fulfillment Campus: This is a major industrial development with the potential to significantly increase business-related travel. Red Stag Fulfillment is building a 420-acre e-commerce distribution center, a project that is expected to bring 3,500 jobs to Monroe County. The construction, setup, and ongoing operations of a facility this large will bring a consistent need for long-term stays for contractors, corporate staff, and new employees relocating to the area, which is an ideal fit for an Extended Stay hotel. 75 Regional Commerce Park: The development of this business park at I-75, Exit 60, is designed to attract new businesses to the area. Its strategic location between two major cities makes it a prime spot for new companies, which would create a steady stream of business travel. Sweetwater's Existing Appeal: Sweetwater's local attractions also contribute to hotel business. The city is home to the Lost Sea, America's largest underground lake, which draws a significant number of tourists. Additionally, the city's historic downtown and other local attractions make it a popular stop for travelers on I-75. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$97 USD /SF

# OF ROOMS

84

PRICE/ROOM

$119,048 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Extended Stay - Sweetwater

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

180

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,256 SF

ZONING

C-5

APN/PARCEL ID

022-007.00

ASK ABOUT THIS PROPERTY

Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.