Tennessee Inn
Location Tennessee,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $581000
Net Profit / Cash Flow $135000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1965
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Description This two-story, 120-room hotel for sale sited on 5.15 acres has both double and king rooms, some with Jacuzzis. The hotel is located at the intersection of I-24 and Highway 41 in Monteagle Tennessee providing great Interstate visibility. The hotel has a breakfast area, outdoor pool, and on-site parking including truck parking. There is a furnished three-bedroom, three-bathroom manager's apartment included in the sale. The location is the best commercial location at the Interstate exit and the property has acreage that can either be developed or sold as separate parcels. This opportunity can be acquired for $1,800,000.
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