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Address: 1142 Volunteer St.
Church Hill, TN 37642
Units: 32
Rate: $45.00
Asking Price: $850,000.00

Other Features or Comments about the Hotel / Motel / Bed & Breakfast for Sale:

Renovated the property.

Only Motel in town and there is no competition from other similar businesses. Gross income average $225k for the past 5 years. Would make an excellent investment for Owner/Operator. Excellent opportunity for initial buyer. There is room for significant increase in revenue for next owner through aggressive marketing and prudent yield management. There are low-cost franchising opportunities available at this location for new owner. Money making, money saving, and a low cost maintenance property. 32 unit motel with a 25 ft. tall sign visible from the highway. Motel includes a large property with a leased Mexican restaurant (El Potrillo) that brings in $1500/Month of extra revenue.

2 rooms have been rebuilt to make a living area for the owner/manager. 16 security camera have been placed with a view of the whole property and can be viewed from the living room, bedroom, office, and via internet access. Property also includes a 20ft x 18ft storage barn and a grill area for guests. There is also a snack machine, a drink machine, an ice machine, and a coin laundry for guests. All rooms are equip with KABA ILCO (Model: 760K) electronic locks, alarm clocks, microwaves, refrigerators, hairdryers, coffee makers with complimentary coffee, cable TV with HBO and HBO family, free wireless internet, and free local calls for guests. Renovated in 2013. Rooms and motel have been repainted. Motel is located 20 minutes from a highly active social area.

Finance available through local bank to qualified buyer with 20%-30% down payment depends on creditability.

Seller Information

Contact Name: Anil Patel
Phone Number:
Fax Number:

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Last Revised:  January 4, 2018

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