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    Newly Renovated Best Western Hotel
    Updated: Sep 18, 2024
    Newly Renovated Best Western Hotel

    126 Expressway Dr, Manchester, TN 37355

    Contact for pricing
    54,516 sqft
    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.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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

    Opportunities in Nearby Cities

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

    Mixed-Use Redevelopment Site
    Mixed-Use Redevelopment Site

    801 3rd Avenue South, Nashville, TN 37210

    $4,000,000
    1,850 sqft 0.29 AC lot

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

    View details
    Renovated Branded Hotel with Restaurant
    Renovated Branded Hotel with Restaurant

    4870 University Dr NW, Huntsville, AL 35816

    Contact for pricing
    3,769 sqft 0.84 AC lot

    Recently completed interior and exterior improvements support the existing Wyndham-affiliated hotel operation.

    View details
    King's Inn Hotel
    King's Inn Hotel

    11245 Memorial Pkwy SW, Huntsville, AL 35803

    Contact for pricing

    Established hotel property with guest accommodations and an existing hospitality operation.

    View details
    VOCE All-Suite Hotel Residences
    VOCE All-Suite Hotel Residences

    1717 Hayes St, Nashville, TN 37203

    Contact for pricing

    Furnished studio through three-bedroom layouts support personal occupancy or participation in a managed hospitality program.

    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

    84 Relco Dr, Manchester, TN 37355-7556

    $7,550,000
    Estimated value
    39,906 sqft 1.28 AC lot
    View details
    120 Hospitality Blvd
    HOTEL

    120 Hospitality Blvd, Manchester, TN 37355-6497

    $1,850,000
    Estimated value
    46,272 sqft 1.52 AC lot
    View details
    152 Hospitality Blvd
    HOTEL

    152 Hospitality Blvd, Manchester, TN 37355-6497

    $1,670,000
    Estimated value
    48,572 sqft 1.70 AC lot
    View details
    1143 Woodbury Hwy
    HOTEL

    1143 Woodbury Hwy, Manchester, TN 37355-3103

    $1,630,000
    Estimated value
    45,624 sqft 3.15 AC lot
    View details
    111 Hospitality Blvd
    HOTEL

    111 Hospitality Blvd, Manchester, TN 37355-6497

    $1,625,000
    Estimated value
    42,053 sqft 2.25 AC lot
    View details

    Manchester, TN Hotels Market Trends and Statistics

    Explore 6 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1

    Demographics Overview

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

    Taxes & Financing

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

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