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    Manchester, TN Hotels for Sale

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    Hillsboro, TN Tullahoma, TN Beechgrove, TN
    Newly Renovated Best Western Hotel
    $7,990,000

    Newly Renovated Best Western Hotel

    126 Expressway Drive, Manchester, TN 37355

    83-room hotel in Manchester, TN with renovation completed in 2025.

    • Completely renovated in 2025, presenting zero PIP requirements for the new owner.
    • New 10‑year franchise agreement in place with Best Western.
    • 83 rooms & suites in a midscale/upper midscale RevPAR market.
    • Excellent location with high visibility in the thriving Tullahoma‑Manchester MSA, near I‑24.
    • Additional revenue opportunity: 10,000 SF space with full kitchen, ideal for a restaurant lease.
    Updated: Jul 10, 2024
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    Newly Renovated Best Western Hotel
    $8,100,000
    54,516 SF

    Newly Renovated Best Western Hotel

    126 Expressway Dr, Manchester, TN 37355

    Recently renovated 83-room hotel in Manchester, Tennessee for sale.

    • Newly renovated Best Western Legacy hotel with zero PIP requirement.
    • Prime location in the Tullahoma‑Manchester MSA with high visibility and access to I‑24.
    • New 10‑year franchise agreement with Best Western in place.
    • Significant revenue opportunity from leasing a separate 10,000 SF building with a full‑size kitchen, ideal for a restaurant.
    • Comprehensive renovation completed in 2025, featuring a new entryway, breakfast area, elevator, fitness room, meeting room, pool, roof, windows, and furniture.
    Updated: Sep 18, 2024
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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Manchester, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Redevelopment Site
    $5,250,000
    1,850 SF

    Mixed-Use Redevelopment Site

    DTC-zoned infill assemblage supporting high-density hotel, condominium, retail, and office development just minutes from Downtown.

    801 3rd Ave S, Nashville, TN 37210
    View details
    Converted Multifamily Property in Dayton
    $3,980,000
    22,528 SF

    Converted Multifamily Property in Dayton

    22,528 SF property with 31 units, converted in 2025.

    405 Chickamauga Drive, Dayton, TN 37321
    View details
    Historic Tri-Level Dayton Building
    $1,488,000
    3,660 SF

    Historic Tri-Level Dayton Building

    Stunning tri-level building in downtown Dayton with income potential.

    1441 Market Street, Dayton, TN 37321
    View details
    Hotel in Opportunity Zone
    Contact for pricing

    Hotel in Opportunity Zone

    Hotel under construction, opening December 2024, located in Nashville.

    251 Venture Cir |, Nashville, TN 37228
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    8+ Acres Prime Location Land
    $799,900
    8.07 Acres

    8+ Acres Prime Location Land

    8+ acres with road frontage and utilities in Baxter, TN.

    8.07 Ac Highway 56, Baxter, TN 38544
    View details
    Prime Commercial Investment Opportunity
    $2,650,000
    6,272 SF

    Prime Commercial Investment Opportunity

    1.76 acres with development potential across from Tennessee Tech.

    309 W 12th St, Cookeville, TN 38501
    View details
    Commercial Land on Hwy 111
    $199,900
    5.00 Acres

    Commercial Land on Hwy 111

    5-acre commercial land with high visibility on Hwy 111.

    Tract 2 Hwy 111 lot: 2, Cookeville, TN 38506
    View details
    Prime Interstate Commercial Land Site
    $1,000,000
    3.90 Acres

    Prime Interstate Commercial Land Site

    3.9 acre commercial site near I-40 in Monterey, TN.

    13513 Monterey Highway, Monterey, TN 38574
    View details

    Off-Market Properties in Manchester, TN

    Consider similar Off-Market properties in Manchester, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    84 Relco Dr
    HOTEL
    39,906 SF Lot: 1.28 Acres
    Estimated value
    $7,550,000

    84 Relco Dr, Manchester, TN 37355-7556

    View details
    120 Hospitality Blvd
    HOTEL
    46,272 SF Lot: 1.52 Acres
    Estimated value
    $1,850,000

    120 Hospitality Blvd, Manchester, TN 37355-6497

    View details
    152 Hospitality Blvd
    HOTEL
    48,572 SF Lot: 1.70 Acres
    Estimated value
    $1,670,000

    152 Hospitality Blvd, Manchester, TN 37355-6497

    View details
    1143 Woodbury Hwy
    HOTEL
    45,624 SF Lot: 3.15 Acres
    Estimated value
    $1,630,000

    1143 Woodbury Hwy, Manchester, TN 37355-3103

    View details
    111 Hospitality Blvd
    HOTEL
    42,053 SF Lot: 2.25 Acres
    Estimated value
    $1,625,000

    111 Hospitality Blvd, Manchester, TN 37355-6497

    View details

    Manchester, TN Hotels Investment Opportunities Market Analysis

    Explore 7 hotels for sale in Manchester, TN on our real estate platform. These investment opportunities span a total of 54,516 square feet of properties for sale, with an estimated market value of $8,100,000.

    Sale prices for resorts in Manchester, TN start at $8,100,000, averaging $8,100,000, and reaching up to $8,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Hotels 2

    Demographics Overview

    Population 30K
    Population Growth (5Y) +13.1%
    Median Household Income $62,943
    College Educated 15.8%

    High-Yield Neighborhoods for Investment

    Identify Manchester submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    37355 $8M

    Taxes & Financing

    Tax Rate (average for all types) 3.25%
    Property Tax per SF $70.35 per sq ft
    Average Loan-to-Value 65.0%

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