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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.

Property Facts

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 -

PROPERTY TAXES

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)
  • Listing ID: 32140149

  • Date on Market: 6/14/2024

  • Last Updated:

  • Address: 2407 Brick Church Pike, Nashville, TN 37207

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