Rodeway Inn Ardmore
$2,300,000
1415 Bryson Road, Ardmore, TN 38449
Description:
Rodeway Inn Ardmore is a fantastic opportunity to own a 40-room hotel located at 1415 Bryson Rd, Ardmore TN 38449. This property sits on 2.6 acres and was built in 1975. The hotel is being offered at $2,700,000 or $67,500 per key. This property is situated in a rapidly growing area, with a projected population of 42 in one mile and over 2,200 in five miles by 2022. The median household income is projected to increase to $60,000 in the surrounding area. The red brick facade of the property offers excellent curb appeal and is surrounded by gorgeous greenery. Inside, the hotel features cozy and comfortable rooms plus all the amenities your guests need. The property is well-maintained and boasts a friendly atmosphere. This is an excellent investment opportunity with favorable projected market trends and occupancy rates. Don't miss out on this chance to own a piece of prime real estate. Call today to schedule a viewing and learn more about Rodeway Inn Ardmore.
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