765 Highway 51 S - Hospitality FOR SALE


Ripley, TN 38063
$1,450,000 USD
901-674-6105
765 Highway 51 S, Ripley, TN for Sale
$1,450,000 USD
Hospitality - FOR SALE
1/8
null | 11.2% Cap Rate

765 Highway 51 S
Ripley, TN 38063


HIGHLIGHTS

  • Brand conversion potential to Super 8 or ABVI with franchise incentives available
  • Prime visibility on U.S. Highway 51 with over 18,000 daily vehicles
  • Recently renovated 39-room hotel with pool
  • Near Ford’s BlueOval City and other industrial employers
  • Zoned B2 Commercial on 1.03-acre parcel with public utilities

OVERVIEW

Hospitality investment offered at $1,450,000, representing an 11.2% cap rate and strong 15.5% cash-on-cash return including equity gain. Hunters Lodge is a 39-room, limited-service independent hotel with 2 rooms utilized as a manager’s quarters, ideally located on U.S. Highway 51 in Ripley, Tennessee—just 45 minutes from Ford’s $5.6B BlueOval City EV campus. This 1.03-acre B2-zoned property features over 18,000 square feet of gross building area and has undergone $200K in recent renovations, reducing near-term capital needs and positioning it for franchise conversion. The hotel layout and low operating complexity make it ideal for an owner-operator or an investor seeking passive income in a demand-driven, growth market. Franchise conversion options to either Super 8 by Wyndham or America’s Best Value Inn by Sonesta are readily available: Property Improvement Plan (PIP) available for both options contact broker for more information. Surrounded by key demand drivers, the property serves industrial traffic from: TVA Lagoon Creek Peaking Facility (10 min) Komatsu America Corp. Faist Light Metals Tennessee Ripley also benefits from proximity to: Memphis International Airport (~1 hour) Fort Pillow State Park Alex Haley Museum Chickasaw National Wildlife Refuge Seasonal events like the Lauderdale County Tomato Festival The corridor continues to benefit from over $13M in TDOT infrastructure upgrades and broadband expansion grants, supporting long-term demand and regional workforce mobility. Current ownership has invested in structural, cosmetic, and mechanical improvements including a new roof (2022), tankless water heaters, complete guestroom refurbishments (2023–2024), laundry and bath upgrades, and fresh exterior work. On-site amenities include a swimming pool, paved parking, canopy, and sprinkler system. Offered below replacement cost at ~$37K per key

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$76 USD /SF

# OF ROOMS

39

PRICE/ROOM

$37,179 {currency}

CAP RATE

11.2%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hunter Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2000

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

B2

APN/PARCEL ID

094-027.14

ASK ABOUT THIS PROPERTY

Suresh PatelMoon Realty USA, LLCMore Info
901-674-6105

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Suresh PatelMoon Realty USA, LLCMore Info
901-674-6105

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