Log In/Sign Up
Your email has been sent.
Holiday Inn Express & Suites Chattanooga 440 Martin Luther King Jr Blvd 92 Room Hotel Chattanooga, TN 37402 $12,000,000 ($130,435/Room)
INVESTMENT HIGHLIGHTS
- Downtown location in high-growth market
- Concrete five-story construction
- Minimal brand renovation or PIP required
EXECUTIVE SUMMARY
Please visit https://www.hunterhotels.net/current-listings for more information.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $12,000,000 | Building Size | 55,000 SF |
| Price Per Room | $130,435 | No. Rooms | 92 |
| Sale Type | Investment | No. Stories | 5 |
| Property Type | Hospitality | Year Built/Renovated | 2008/2019 |
| Property Subtype | Hotel | Parking Ratio | 1.27/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.67 AC | Opportunity Zone |
Yes
|
| Zoning | 150 - transient lodging | ||
| Price | $12,000,000 |
| Price Per Room | $130,435 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.67 AC |
| Building Size | 55,000 SF |
| No. Rooms | 92 |
| No. Stories | 5 |
| Year Built/Renovated | 2008/2019 |
| Parking Ratio | 1.27/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | 150 - transient lodging |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 15 | $163.00 | - |
| Guest Room | 77 | $157.00 | - |
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 145C-B-008.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,394,760 |
PROPERTY TAXES
Parcel Number
145C-B-008.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,394,760
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Holiday Inn Express & Suites Chattanooga | 440 Martin Luther King Jr Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.