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Microtel Inn & Suites by Wyndham Chattanooga 7014 McCutcheon Rd 100 Room Hotel Chattanooga, TN 37421 $1,800,000 ($18,000/Room)



Investment Highlights
- Hotel redevlopment opportunity in Hamilton Place's lodging corridor
- Building in shell condition | Plans to renovate convey with sale
- 100-key gutted Microtel on 2.49 acres | Direct I-75 access at the Shallowford Road interchange, one of Chattanooga's busiest
- C-2 zoning supports a Microtel by Wyndham rebuild, a reflag, or a full repositioning
Executive Summary
Fillmore Commercial is pleased to present to the market a Microtel Inn & Suites hotel redevelopment opportunity in the Hamilton Place lodging corridor of Chattanooga. Located right off I-75 at the Shallowford Road interchange, one of the busiest in the market, the property sits minutes from Hamilton Place, the largest enclosed mall in Tennessee, and the deep surrounding trade area of national retail and restaurants that pulls both interstate travelers and regional shoppers.
The offering is a 100-key select-service hotel on 2.49 acres, in a a three-story interior-corridor building of roughly 39,700 square feet. The interior was taken down to the shell during water damage remediation from an ice storm, so a buyer starts with a clean shell. The building structure, along with sprinklered and alarmed life-safety systems in place, and a full renovation set prepared for current ownership conveys with the sale. Those drawings reconfigure the hotel to 101 keys across a refreshed mix of single-queen, double-queen, and ADA rooms, so a buyer can move toward permit and construction without running the design process from scratch.
C-2 zoning and the shell-ready condition leave room to rebuild the Microtel, reflag to another economy or midscale brand, or reposition the asset entirely. Please reach out to Gaines Hanks with Fillmore Commercial for more information.
The offering is a 100-key select-service hotel on 2.49 acres, in a a three-story interior-corridor building of roughly 39,700 square feet. The interior was taken down to the shell during water damage remediation from an ice storm, so a buyer starts with a clean shell. The building structure, along with sprinklered and alarmed life-safety systems in place, and a full renovation set prepared for current ownership conveys with the sale. Those drawings reconfigure the hotel to 101 keys across a refreshed mix of single-queen, double-queen, and ADA rooms, so a buyer can move toward permit and construction without running the design process from scratch.
C-2 zoning and the shell-ready condition leave room to rebuild the Microtel, reflag to another economy or midscale brand, or reposition the asset entirely. Please reach out to Gaines Hanks with Fillmore Commercial for more information.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Business Center
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 100 | $74.00 | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 149A-A-013 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,182,600 |
Property Taxes
Parcel Number
149A-A-013
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,182,600
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