900 S Jefferson Ave - Hospitality FOR SALE


Cookeville, TN 38501
$5,799,000 USD
931-881-6971
900 S Jefferson Ave, Cookeville, TN for Sale
$5,799,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

900 S Jefferson Ave
Cookeville, TN 38501


HIGHLIGHTS

  • Prime I-40 location halfway between Nashville & Knoxville

OVERVIEW

76-key Best Western – concrete construction, no PIP required 61 spacious guest rooms + 15 two-bedroom suites with elevator Prime I-40 location halfway between Nashville & Knoxville Strong demand generators: Tennessee Tech University, Cookeville Regional Medical Center, major employers, and tourism Flagged, limited-service hotel investment with strong guest reviews and stable performance Growing Cookeville, TN hospitality market supported by education, healthcare, and manufacturing sectors

FOR SALE DETAILS

PRICE

$5,799,000 USD

PRICE/SF

$134 USD /SF

# OF ROOMS

76

PRICE/ROOM

$76,303 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Thunderbird Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,392 SF

ZONING

C-3

APN/PARCEL ID

066-048.00

ASK ABOUT THIS PROPERTY

Hinal TanwarThe Real Estate CollectiveMore Info
931-881-6971

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Hinal TanwarThe Real Estate CollectiveMore Info
931-881-6971

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