This Hospitality Property is no longer advertised on LoopNet.com.

1297 E Wood St
Paris, TN 38242
Paris Inn & Suites · Hospitality Property For Sale · 51,626 SF

Investment Highlights

  • Two-Story, 58-Room, Exterior-Corridor Hotel
  • Easily Accessible and Highly Visible from U.S. Highway 79
  • YE 2022 Room Revenues Exceeded $560,000 while Maintaining a NOI Over $167,000
  • Located 121 Miles Northwest of Nashville and 212 Miles Northeast of Memphis
  • Situated Under 10 Miles from Paris’s Largest Employers and Highest Value Businesses
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.24 AC
Building Size 51,626 SF
No. Stories 2
Year Built/Renovated 1984/2021
Parking Ratio 0.96/1,000 SF
Corridor Exterior
Zoning PB

Amenities

  • Business Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

Property Taxes

Property Taxes

Parcel Number
095N-F-047.00
Land Assessment
$97,240
Improvements Assessment
$896,880
Total Assessment
$994,120
  • Listing ID: 29341432

  • Date on Market: 8/22/2023

  • Last Updated:

  • Address: 1297 E Wood St, Paris, TN 38242

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