618 N 22nd Ave - Hospitality FOR SALE


Humboldt, TN 38343
$1,499,000 USD
731-612-2354
618 N 22nd Ave, Humboldt, TN for Sale
$1,499,000 USD
Hospitality - FOR SALE
1/28
null | 5% Cap Rate

618 N 22nd Ave
Humboldt, TN 38343


OVERVIEW

Welcome to the Regal Inn Motel, a well-performing hospitality property in the heart of Humboldt, Tennessee. With 53 rooms, this established motel is already generating strong revenue and offers substantial upside for investors seeking growth potential. Its prime location along Highway 79 provides excellent visibility and traffic, making it an ideal opportunity for both owner-operators and franchise conversion. The property offers a variety of accommodations, including full, queen, double-bed rooms, and suites, each featuring a full-size refrigerator, microwave, and private bathroom—a highly sought-after amenity mix for both short-term travelers and long-term guests. The motel currently operates with daily, weekly, and monthly rental options, ensuring steady occupancy and income streams. An owner's suite located next to the office with a full kitchen makes on-site management easy and convenient. For those looking to expand revenue, the property also includes a spacious storage area that was once a restaurant, which could easily be converted into additional guest amenities, dining, or rental space. With its strong performance, prime location, and future development potential, the Regal Inn Motel is a rare investment opportunity in West Tennessee's hospitality market.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$62 USD /SF

# OF ROOMS

53

PRICE/ROOM

$28,283 {currency}

CAP RATE

5%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regal Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

08

APN/PARCEL ID

170B-S-015.02

ASK ABOUT THIS PROPERTY

Dylan JonesUnited Country Southern Lifestyle PropertiesMore Info
731-612-2354

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Dylan JonesUnited Country Southern Lifestyle PropertiesMore Info
731-612-2354

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