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7013 Shallowford Rd
Chattanooga, TN 37421
Courtyard by Marriott Chattanooga East · Hospitality Property For Sale · 42,394 SF

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.77 AC
Construction Status Under Renovation
Building Size 42,394 SF
No. Stories 2
Year Built 2027
Tenancy Single
Parking Ratio 2.1/1,000 SF
Corridor Exterior
Zoning C2

Amenities

  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

About 7013 SHALLOWFORD RD , CHATTANOOGA, TN 37421

Property Tour and Contact Detail Information: Property tours are available by appointment. Please contact the listing broker to schedule a tour of the property. Investment Highlights: Significant upside at a discount to replacement cost Diversified local economy Dynamic, growing market Unencumbered by brand and management Tourism Superior Access Significant performance upside Investment Overview: The hotel is located to the east of downtown Chattanooga off of the Shallowford Road exit of I-75 near the Chattanooga Metropolitan Airport. Chattanooga is the 4th largest city in the state of Tennessee and is located about equidistant - two hours' drive - from Atlanta to the south and Nashville to the northwest. Chattanooga itself is set along the Tennessee River in the foothills of the Appalachian Mountains and near the border of Georgia at the junction of four interstate highways. The city has received national recognition for the renaissance of its beautiful downtown, redevelopment of its riverfront and its recent economic growth. The plethora of outdoor adventures, restaurants, live events, art and world-class attractions. The New York Times named Chattanooga "One of The New York Times named Chattanooga "One of the Top 45 Places to go in the World" and Facilities and Destinations gave Chattanooga its "Top Destination Award". The "Scenic City" offers all the amenities of a major metropolitan city in a comfortable, convenient and beautiful location, including a free electric shuttle serving the downtown area and the fastest citywide internet speeds anywhere in the world. The Hampton Inn Chattanooga offers prospective investors the opportunity to purchase a hotel at a substantial discount to replacement cost with significant upside potential in one of Tennessee's fastest growing markets. The Property is just 3 miles from Chattanooga Metropolitan Airport (CHA) and features complimentary airport shuttle service. The hotel is next to Hamilton Place Mall, six miles from the Chattanooga Volkswagen Plant and only 15 miles from Lookout Mountain's Incline Railway, Rock City and Ruby Falls.

Property Taxes

Property Taxes

Parcel Number
149A-A-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$573,960
  • Listing ID: 8737586

  • Date on Market: 8/18/2017

  • Last Updated:

  • Address: 7013 Shallowford Rd, Chattanooga, TN 37421

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