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- LoopNet Team
1417 5th St
Jellico, TN 37762
Days Inn-State Line · Hospitality Property For Sale · 30,514 SF
Investment Highlights
- Interstate 75 (State Line of Kentucky & Tennessee)
- Limited-Service Motel with New Gatehouse
- Well Maintained - Ready to capture greater market share
- Located next to McDonald's Restaurant
- Ideal Size (64 Rooms) Plus Managers Apartment
- Consistent Revenue
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Year Built/Renovated | 1974/2004 | |
| Building Class | C | Parking Ratio | 3.93/1,000 SF |
| Lot Size | 2.94 AC | Corridor | Exterior |
| Building Size | 30,514 SF |
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 2.94 AC |
| Building Size | 30,514 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1974/2004 |
| Parking Ratio | 3.93/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 1417 5th St , Jellico, TN 37762
The Days Inn by Wyndham is a 64 - Guestroom Limited-Service motel located close to the Kentucky/Tennessee State Line on Interstate 75. The motel was build in 1974 (originally 120 rooms) as a three story exterior corridor property. Owner raised on building in 2013 reducing the room count by (56-Keys and built a gate house with reception, lobby and restrooms. The new building is block and contains 1,200 square feet. Capital expenditures in 2013 include; replacement of FF&E, bed Linens, exterior/interior paint, floors coverings, bath vanities Flat Screen TV's in all rooms conversion of five rooms to two-room suites. Total estimated Capital Expenditure $430,000. The property consist of 2.74 acres and is zoned Highway Business District (C-2). The building square footage is approximately 25,014. The parking area is Asphalt with approximately 88 Parking Spaces. One Bedroom Manager Apartment with Kitchen and living room.
PROPERTY TAXES
| Parcel Number | 004K-A-023.00 | Improvements Assessment | $364,800 |
| Land Assessment | $31,680 | Total Assessment | $396,480 |
PROPERTY TAXES
zoning
| Zoning Code | C-2 (Highway Business District) |
| C-2 (Highway Business District) |
Learn More About Investing in Hospitality Properties
