Hotel For Sale
Market Price
251 Venture Cir, Nashville, TN 37228
98,118 sqft
Building Size
2.98 acres
Lot Area
Details:
Highlights:
- Under construction with Fall 2024 open date
- Located in an Opportunity Zone
- 115 guest rooms
- Immediate access to downtown Nashville
- Two 2,500 square-foot meeting spaces
Description:
Hilco Real Estate is pleased to present the Residence Inn By Marriott Nashville MetroCenter. This hotel, currently under construction with scheduled open date of Fall 2024, is located in an Opportunity Zone and will feature 115 guest rooms. The Residence Inn will also contain two 2,500-square-foot meeting spaces.
Spanning 850 acres adjacent to Downtown Nashville, MetroCenter is a re-energized urban infill location surrounded by numerous new developments. It’s desirable location provides superior access to Nashville’s vibrant Downtown and the city’s hottest neighborhoods including Germantown, East Nashville, The Gulch and more. MetroCenter offers the ideal urban lifestyle with a robust amenity base from Nashville’s top restaurants in Germantown to the running trails along the Cumberland River Greenway.
PROJECTED REVENUES:
Year 1: $5,851,646 (68% Occ)
Year 2: $7,056,550 (75% Occ)
Year 3: $8,302,264 (82.5% Occ)
Year 4: $8,668,899 (82.5% Occ)
Year 5: $8,928,377 (82.5% Occ)
Spanning 850 acres adjacent to Downtown Nashville, MetroCenter is a re-energized urban infill location surrounded by numerous new developments. It’s desirable location provides superior access to Nashville’s vibrant Downtown and the city’s hottest neighborhoods including Germantown, East Nashville, The Gulch and more. MetroCenter offers the ideal urban lifestyle with a robust amenity base from Nashville’s top restaurants in Germantown to the running trails along the Cumberland River Greenway.
Documents:
| Title | ||
|---|---|---|
| PropertySheet_NashvilleTN_ResidenceInn_8.5x11_v10.pdf |
Location
