1297 E Wood St | Paris, TN 38242
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- LoopNet Team
1297 E Wood St
Paris, TN 38242
Paris Inn & Suites · Hospitality Property For Sale · 51,626 SF
Investment Highlights
- Two-Story, 58-Room, Exterior-Corridor Hotel
- Easily Accessible and Highly Visible from U.S. Highway 79
- YE 2022 Room Revenues Exceeded $560,000 while Maintaining a NOI Over $167,000
- Located 121 Miles Northwest of Nashville and 212 Miles Northeast of Memphis
- Situated Under 10 Miles from Paris’s Largest Employers and Highest Value Businesses
- Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1984/2021 |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Lot Size | 3.24 AC | Corridor | Exterior |
| Building Size | 51,626 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.24 AC |
| Building Size | 51,626 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2021 |
| Parking Ratio | 0.96/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $709,640 | |
| Land Assessment | $84,920 | Total Assessment | $794,560 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$84,920
Improvements Assessment
$709,640
Total Assessment
$794,560
zoning
| Zoning Code | PB |
| PB |
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