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1421 Murrays Chapel Rd
Sweetwater, TN 37874
OYO Sweetwater - West - Chattanooga · Hospitality Property For Sale · 134 Rooms

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.00 AC
Building Size 102,789 SF
No. Rooms 134
No. Stories 2
Year Built/Renovated 1974/2018
Tenancy Single
Parking Ratio 0.12/1,000 SF
Corridor Exterior
Zoning C-5

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

About 1421 MURRAYS CHAPEL RD , SWEETWATER, TN 37874

Solid brick building with 134 total rooms (but only keyed 84 with Motel 6), Bar, restaurant (former Denny's) and Banquet rooms. Turn key with recently finished half million renovation. Finished the Phoenix package PIP required by Motel 6. Strong potential for investors/owner operator. Currently hotel is operated by employees and yet producing strong cash flow. Actual Revenues: 2016: $450K 2017: $624K 2018: $571K

Property Taxes

Property Taxes

Parcel Number
022-007.00
Land Assessment
$90,800
Improvements Assessment
$346,000
Total Assessment
$436,800
  • Listing ID: 16434111

  • Date on Market: 6/24/2019

  • Last Updated:

  • Address: 1421 Murrays Chapel Rd, Sweetwater, TN 37874

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