650 Bakers Bridge Ave | Franklin, TN 37067
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- LoopNet Team
650 Bakers Bridge Ave
Franklin, TN 37067
Hyatt Place Nashville/Franklin/Cool Springs · Hospitality Property For Sale
·
73,974 SF
Investment Highlights
- Hyatt Select PIP Estimated at $20,000 per room or $2,500,000 Hence (109,000 / Key AFTER PIP!!)
- Multiple Demand Generators, Including Corporate & Leisure.
- Huge Upside for Revenue Growth & Reduced Expenses
- Motivated California Seller | All Reasonable Offers Considered.
- Offered without Management (Previously Institutionally owned and Managed)
- Consistently Achieved $ 3.1 M+ in Room Revenue (Higher after PIP)
Property Facts
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2017 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.32 AC | Parking Ratio | 1.51/1,000 SF |
| Building Size | 73,974 SF | Corridor | Interior |
| Zoning | C-2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.32 AC |
| Building Size | 73,974 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1997/2017 |
| Tenancy | Single |
| Parking Ratio | 1.51/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
Property Taxes
| Parcel Number | 053-122.07-000 | Improvements Assessment | $4,489,360 |
| Land Assessment | $1,024,000 | Total Assessment | $5,513,360 |
Property Taxes
Parcel Number
053-122.07-000
Land Assessment
$1,024,000
Improvements Assessment
$4,489,360
Total Assessment
$5,513,360
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