Red Roof Inn Nashville - Music City | 2407 Brick Church Pike
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Red Roof Inn Nashville - Music City 2407 Brick Church Pike
121 Room Hotel Nashville, TN 37207 $12,500,000 ($103,306/Room)
Investment Highlights
- High Barrier to Entry Market
- Multiple On-Site Amenities
- Located 4 Miles North of Downtown Nashville
- 122 Interior Corridor Rooms
- Zoned CL for Versatile Usage
Executive Summary
Introducing a prime opportunity for hospitality and economy investors in Nashville, TN. This impressive property boasts a substantial 52,967 square foot building with 122 units, offering ample space to cater to diverse guest needs. Constructed in 1985, the property showcases established infrastructure and timeless appeal. Zoned CL, it presents a versatile investment for a range of potential uses within the vibrant Nashville area. With its strategic location, this property holds immense potential for those looking to capitalize on the thriving market and unlock remarkable value in the heart of Nashville.
Discover the vibrant energy of Nashville, TN, surrounding the Red Roof Inn Music City. Located in a dynamic area, the property is in close proximity to popular attractions such as the Grand Ole Opry, Country Music Hall of Fame, and the iconic Ryman Auditorium. Guests can explore the rich musical heritage of the city, sample authentic Southern cuisine, and immerse themselves in the lively nightlife of downtown Nashville. The area offers convenient access to major highways and transportation hubs, making it an excellent investment opportunity for hospitality and economy investors seeking to capitalize on the city's thriving tourism industry.
Discover the vibrant energy of Nashville, TN, surrounding the Red Roof Inn Music City. Located in a dynamic area, the property is in close proximity to popular attractions such as the Grand Ole Opry, Country Music Hall of Fame, and the iconic Ryman Auditorium. Guests can explore the rich musical heritage of the city, sample authentic Southern cuisine, and immerse themselves in the lively nightlife of downtown Nashville. The area offers convenient access to major highways and transportation hubs, making it an excellent investment opportunity for hospitality and economy investors seeking to capitalize on the city's thriving tourism industry.
Property Facts
Price | $12,500,000 | Building Size | 52,967 SF |
Price Per Room | $103,306 | No. Rooms | 121 |
Sale Type | Investment | No. Stories | 5 |
Property Type | Hospitality | Year Built/Renovated | 1985/2012 |
Property Subtype | Hotel | Tenancy | Single |
Building Class | C | Parking Ratio | 3.78/1,000 SF |
Lot Size | 3.72 AC | Corridor | Interior |
Price | $12,500,000 |
Price Per Room | $103,306 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 3.72 AC |
Building Size | 52,967 SF |
No. Rooms | 121 |
No. Stories | 5 |
Year Built/Renovated | 1985/2012 |
Tenancy | Single |
Parking Ratio | 3.78/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 2 | $82.00 | - |
Guest Room | 119 | $72.00 | - |
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PROPERTY TAXES
Parcel Number | 071-02-0-185 | Improvements Assessment | $1,527,640 |
Land Assessment | $408,360 | Total Assessment | $1,936,000 |
PROPERTY TAXES
Parcel Number
071-02-0-185
Land Assessment
$408,360
Improvements Assessment
$1,527,640
Total Assessment
$1,936,000
zoning
Zoning Code | CL (Commercial zone) |
CL (Commercial zone) |
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Red Roof Inn Nashville - Music City | 2407 Brick Church Pike
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