Log In/Sign Up
Your email has been sent.
MAJOR FRANCHISE WANTS THIS LOCATION-INCENTIV 2440 Williams St 60 Room Hotel Chattanooga, TN 37408 $4,555,000 ($75,917/Room)
Executive Summary
A major franchise wants this location. WILL PROVIDE KEY FUNDS AND DISCOUNTED FRANCHISE FEE.
Only branded Economy hotel in Downtown Chattanooga!
Only 1/2 miles from the NEW ERLANGER BALL PARK. Where Chattanooga Lookouts play and host many other open-air venues.
Just remodeled extensively. New locks, New LED lighting package, New lighted mirrors, New Baths, 2 new dryers, 2 new washers 3 yr old boilers, new Phone system, New Cable
New locks, New LVT flooring, new vanities, New Paint (Exterior painted 2022 Interior freshly painted. 3-bedroom managers apartment. Metal roof.
Great location....in very good shape
Convenient Facilities: Guests benefit from free on-site private parking, an elevator, and a 24-hour front desk. Additional amenities include a hot tub, walk-in shower, and electric vehicle charging station.
Prime Location: Located 1.1 mi from the International Towing and Recovery Museum and Coker Tire Museum, the hotel is 2.6 mi from the Tennessee Aquarium and 3.7 mi from Chattanooga Zoo. Chattanooga Metropolitan Airport is 8.1 mi away.
Top attractions
Coker Tire Museum 1.1 mi
International Towing and Recovery Museum 1.1 mi
Hunter Museum of American Art 2.2 mi
Walnut Street Bridge 2.2 mi
Creative Discovery Museum 2.3 mi
Tennessee Aquarium 2.3 mi
Coolidge Park 2.9 mi
Chattanooga Zoo 2.9 mi
Tennessee Riverpark 7 mi
Tennessee Valley Railroad Museum 9 mi
Waterfall at Ruby Falls 2.8 mi
Metropolitan Airport 8 mi
Restaurant
KFC 1,150 f
Flaming Rooster 2,900 ft
Only branded Economy hotel in Downtown Chattanooga!
Only 1/2 miles from the NEW ERLANGER BALL PARK. Where Chattanooga Lookouts play and host many other open-air venues.
Just remodeled extensively. New locks, New LED lighting package, New lighted mirrors, New Baths, 2 new dryers, 2 new washers 3 yr old boilers, new Phone system, New Cable
New locks, New LVT flooring, new vanities, New Paint (Exterior painted 2022 Interior freshly painted. 3-bedroom managers apartment. Metal roof.
Great location....in very good shape
Convenient Facilities: Guests benefit from free on-site private parking, an elevator, and a 24-hour front desk. Additional amenities include a hot tub, walk-in shower, and electric vehicle charging station.
Prime Location: Located 1.1 mi from the International Towing and Recovery Museum and Coker Tire Museum, the hotel is 2.6 mi from the Tennessee Aquarium and 3.7 mi from Chattanooga Zoo. Chattanooga Metropolitan Airport is 8.1 mi away.
Top attractions
Coker Tire Museum 1.1 mi
International Towing and Recovery Museum 1.1 mi
Hunter Museum of American Art 2.2 mi
Walnut Street Bridge 2.2 mi
Creative Discovery Museum 2.3 mi
Tennessee Aquarium 2.3 mi
Coolidge Park 2.9 mi
Chattanooga Zoo 2.9 mi
Tennessee Riverpark 7 mi
Tennessee Valley Railroad Museum 9 mi
Waterfall at Ruby Falls 2.8 mi
Metropolitan Airport 8 mi
Restaurant
KFC 1,150 f
Flaming Rooster 2,900 ft
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $4,555,000 | Building Size | 22,470 SF |
| Price Per Room | $75,917 | No. Rooms | 60 |
| Sale Type | Investment | No. Stories | 3 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1997/2025 |
| Property Type | Hospitality | Parking Ratio | 3.16/1,000 SF |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.81 AC | ||
| Zoning | UGC - Urban General Commercial | ||
| Price | $4,555,000 |
| Price Per Room | $75,917 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 22,470 SF |
| No. Rooms | 60 |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2025 |
| Parking Ratio | 3.16/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | UGC - Urban General Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
About 2440 WILLIAMS ST , CHATTANOOGA, TN 37408
Interior corridor 60 units - Renovated 2025-2026 - Downtown Chattanooga property within 1/2 mile of the new Erlanger Baseball Stadium. Transitioning from previous owner operating as a extended stay for low income. New owner 2 plus years is making it back into a hotels with lots of new things Property needs some PIP
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 60 | $84.00 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 145N-H-001.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,313,240 |
Property Taxes
Parcel Number
145N-H-001.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,313,240
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
MAJOR FRANCHISE WANTS THIS LOCATION-INCENTIV | 2440 Williams St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.