Seven Unit Motel in Sweetwater
Hospitality
for Sale
| Catylist Listing ID: |
30827159 |
| Property Subtypes: |
Motel
|
| Number of Units: |
7 Units |
| Building Size (RSF): |
See Agent |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2 Acres
|
| Sale Price: |
$400,000 |
| Unit Price: |
$57,142.86 Per Unit |
| Property Use Type: |
Business |
| Sale Terms: |
Sale/Leaseback |
| Auction License Number: |
6826 |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/28/2022 |
Overview / Comments
|
This seven-unit motel, located at 1431 Murrays Chapel Rd in Sweetwater, TN, is a unique opportunity to own a motel in a high-traffic area. With the Red Stag fulfillment center being so close and Sweetwater growing rather quickly, this is the perfect time to own this piece of real estate.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Monroe |
| Tax ID/APN: |
06202200701 |
| Retail Clientele: |
General |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Hwy 68 |
| Feet of Frontage: |
245 |
| Highway Access: |
Direct access to Hwy 68 off of Murrays Chapel Rd. |
| Airports: |
Knoxville |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Poor |
| Year Built: |
1975 |
| Roof Type: |
Gable |
| Construction/Siding: |
Vinyl Siding |
| Water Recreation: |
Other |
| Total Parking Spaces: |
11 |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
Commercial C 5 |
| Lot Frontage: |
252 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
4,361 |
12,390 |
| Median Age: |
42.68 |
41.79 |
| Households: |
1,830 |
4,953 |
|
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