Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Star Motor Inn 1115 S Willow Ave 79 Room Hotel Cookeville, TN 38501 $6,000,000 ($75,949/Room)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Executive Summary

Star Motor Inn is a 79-room extended-stay motel (weekly/monthly) situated on approximately 2.82 acres at the prominent intersection of I-40 and Willow Ave in Cookeville, TN, offering strong visibility and convenient interstate access. The property includes a full-size on-site manager’s apartment (2 bed / 1 bath) and operational features that support efficient management, including guest laundry, a full-size housekeeping laundry, and dedicated storage areas.
Located in a high-growth corridor of Cookeville experiencing significant commercial expansion, the motel is positioned to benefit from increasing area activity and demand. The property is maintained through ongoing, room-by-room improvements completed as long-term tenants turn, and ownership has begun early-stage enhancements by adding kitchenettes in select rooms to strengthen extended-stay functionality over time.
Directly across the street, a new Target and Home Depot–anchored shopping center is under construction and scheduled to open in Fall 2026, adding a major nearby demand driver and long-term upside for an owner-operator or investor.

Property Facts

Price $6,000,000
Price Per Room $75,949
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.82 AC
Building Size 38,152 SF
No. Rooms 79
No. Stories 2
Year Built 1964
Parking Ratio 0.55/1,000 SF
Corridor Exterior
Zoning CG

Amenities

  • Restaurant
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 79 $40.00 -

Property Taxes

Property Taxes

Parcel Number
065-094.00
Land Assessment
$231,960
Improvements Assessment
$307,920
Total Assessment
$539,880
  • Listing ID: 39402849

  • Date on Market: 2/11/2026

  • Last Updated:

  • Address: 1115 S Willow Ave, Cookeville, TN 38501

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}