115 Liberty Branch Ln | Athens, TN 37303
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- LoopNet Team
115 Liberty Branch Ln
Athens, TN 37303
Ready-to-Flag Extended Stay Hotel · Hospitality Property For Sale
·
43,568 SF
INVESTMENT HIGHLIGHTS
- 105 Room, Exterior Corridor Hotel, Well Positioned as the Only Extended Stay Hotel within 25 Miles, Excellent Location Directly on Interstate 75
- Full Kitchenettes in Each Room Including Stove Top, Refrigerator, Sink, and Microwave
- Pro Forma Revenues of $1,607,331 in Year 1 and Net Income of $557,229
- Completely Renovated: New Electrical, Plumbing, Mechanical, Fire Alarm, Sprinkler, Drywall, Flooring, Paint, FF&E and More. Total Cost of CapEx: $4.4M
- Conversion Opportunity: Several Flags Available with Key Money Incentives including Suburban Studios (Choice), Select Suites (ESA), Red Roof Inn, etc
- Certificate of Occupancy Date: Aug/Sept 2024. Seller Highly Motivated to Sell Prior to Opening - Offers Encouraged for Buyers with at Least 20% Down
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1980/2025 |
| Building Class | B | Parking Ratio | 1.3/1,000 SF |
| Lot Size | 8.92 AC | Corridor | Exterior |
| Building Size | 43,568 SF | ||
| Zoning | C-1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 8.92 AC |
| Building Size | 43,568 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2025 |
| Parking Ratio | 1.3/1,000 SF |
| Corridor | Exterior |
| Zoning | C-1 |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 039-039.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $708,160 |
PROPERTY TAXES
Parcel Number
039-039.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$708,160
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