800 University St

Highlights:

• 50 Units, 2 Stories, Exterior Corridors
• Last 2 year average revenue $534,280
• Priced to sell at $45,000 per key
• Limited Competition in the area
• Located in an Opportunity Zone

Description:

The Bowman Post Group of NewGen Advisory is proud to present the the sale of the 50-unit Days Inn located in Martin, Tennessee. Located in the heart of Martin TN just 2.5 hours from both Nashville and Memphis. Martin, Tennessee boasts several attractions that highlight its unique charm and vibrant community. The University of Tennessee at Martin is a central hub, offering cultural events, sports, and educational opportunities that enrich the town's atmosphere. The historic downtown area features quaint shops and local eateries, perfect for leisurely strolls and discovering regional flavors. This is an ideal opportunity for an owner operator to get into a property in a historically consistent market, with limited hotel competition.


In northwest Tennessee, nestled about two and a half hours from both Memphis and Nashville, lies the charming city of Martin. Known for its friendly atmosphere and community spirit, Martin is easily accessible via Highway 43, which serves as a vital route connecting the area to larger urban centers. One of the city’s defining features is the University of Tennessee at Martin, the largest employer in the area, which not only contributes to the local economy but also enriches the community with educational resources, cultural events, and sports activities that draw residents together. Just a short drive away is the city of Dresden, offering additional amenities such as civic centers, government buildings, and cultural attractions that enhance the quality of life for Martin residents. Beyond the bustling downtown area, Martin is surrounded by picturesque golf courses and magnificent parks, providing ample opportunities for outdoor recreation, relaxation, and family activities. With its blend of educational opportunities, community resources, and natural beauty, Martin stands out as a vibrant place to live and thrive.