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America's Best Inn Chattanooga Hamilton 7717 Lee Hwy 64 Room Hotel Chattanooga, TN 37421 $3,280,000 ($51,250/Room)
EXECUTIVE SUMMARY
$50,000 per unit for Multi-family Conversion.
Exit 7 off I-75 is Chattanooga's Enterprise Business Park where Volkswagen Plant and Amazon and Gestamp are located. New large Surgical Center under construction - owned by Erlanger Hospital and Parkridge Hospital at this exit. Incredible interstate exit corner acreage of approximately 2.99 acres.
Located at Exit 7 off I-75 which is the exit for Chattanooga's Enterprise Business Park where Volkswagen Plant and Amazon are located with employment totaling more than 7,000 within one mile. Select geographical area - Cleveland TN 13 mi., Knoxville TN 104 mi., Dalton GA 25 mi., Atlanta 106
mi., Nashville TN 150 mi.
New Surgery Center (Parkridge Hospital) on purchased 17 Acres coming soon just immediately across the interstate.
Exit 7 off I-75 is Chattanooga's Enterprise Business Park where Volkswagen Plant and Amazon and Gestamp are located. New large Surgical Center under construction - owned by Erlanger Hospital and Parkridge Hospital at this exit. Incredible interstate exit corner acreage of approximately 2.99 acres.
Located at Exit 7 off I-75 which is the exit for Chattanooga's Enterprise Business Park where Volkswagen Plant and Amazon are located with employment totaling more than 7,000 within one mile. Select geographical area - Cleveland TN 13 mi., Knoxville TN 104 mi., Dalton GA 25 mi., Atlanta 106
mi., Nashville TN 150 mi.
New Surgery Center (Parkridge Hospital) on purchased 17 Acres coming soon just immediately across the interstate.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
| Price | $3,280,000 | Lot Size | 2.99 AC |
| Price Per Room | $51,250 | Building Size | 23,460 SF |
| Sale Type | Investment | No. Rooms | 64 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1989 |
| Property Subtype | Hotel | Parking Ratio | 2.9/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | C - Commercial | ||
| Price | $3,280,000 |
| Price Per Room | $51,250 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.99 AC |
| Building Size | 23,460 SF |
| No. Rooms | 64 |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 2.9/1,000 SF |
| Corridor | Exterior |
| Zoning | C - Commercial |
AMENITIES
- Pool
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 64 | $46.00 | - |
PROPERTY TAXES
| Parcel Number | 139F-A-003.03 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $504,560 |
PROPERTY TAXES
Parcel Number
139F-A-003.03
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$504,560
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America's Best Inn Chattanooga Hamilton | 7717 Lee Hwy
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