245 N Jefferson St - Hospitality FOR SALE


Nashville, IN 47448
$2,300,000 USD
812-350-2334
245 N Jefferson St, Nashville, IN for Sale
$2,300,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

245 N Jefferson St
Nashville, IN 47448


OVERVIEW

Nestled on a wooded hillside just steps from downtown Nashville, Indiana, Hotel Nashville is a 44-room boutique property built in 1989 and thoughtfully renovated in 2006. The hotel features spacious one- and two-bedroom suites—most with fireplaces, kitchenettes, and private balconies.   Guests enjoy an indoor heated pool, whirlpool spa, on-site restaurant and bar.   With flexible event space for up to 100 guests, ample parking, and proximity to Brown County State Park and the Music Center, this well-known destination offers strong upside for investors looking to reposition or expand in Indiana’s premier tourism market.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$263 USD /SF

# OF ROOMS

45

PRICE/ROOM

$51,111 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Nashville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

B2

APN/PARCEL ID

07-07-19-100-287.000-005

ASK ABOUT THIS PROPERTY

Ryan BrandBreeden Commercial, LLCMore Info
812-350-2334

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Ryan BrandBreeden Commercial, LLCMore Info
812-350-2334

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