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214 Langley Pl
Knoxville, TN 37922
ESA - Knoxville, TN · Hospitality Property For Sale
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33,072 SF
Investment Highlights
- Fee simple interest in the corporate-owned and managed 96-room Extended Stay America (ESA) Knoxville Cedar Bluff.
- Property tours are available 2/22 /2023-2/23/2023, please contact the listing broker to schedule your appointment.
- Strong in-place performance with a trailing-24-month year-over-year average occupancy of nearly 88% of brand, debt, and management.
- Available for individual sale, part of a South / Southeast ‘Sun-Belt’ 17-property portfolio available in the auction events ending on March 15th-16th.
- Ability to purchase any combination of the 17-assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
- A variety of alternative brand options available for conversion.
Property Facts
| Sale Condition | Auction Sale | No. Stories | 3 |
| Type of Ownership | Fee Simple | Year Built/Renovated | 1997/2023 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 2.42/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.65 AC | Parcel Number | 132-00108 |
| Building Size | 33,072 SF |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.65 AC |
| Building Size | 33,072 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2023 |
| Tenancy | Single |
| Parking Ratio | 2.42/1,000 SF |
| Corridor | Exterior |
| Parcel Number | 132-00108 |
Amenities
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
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