Hotel

Manchester, TN Hotels for Sale

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

126 Expressway Dr, Manchester, TN 37355

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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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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.

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Mixed-Use Hospitality Property with Skydeck
Mixed-Use Hospitality Property with Skydeck

154 2nd Avenue North, Nashville, TN 37201

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Combines boutique hotel suites, built-out food-and-beverage space, and rooftop service amenities in downtown Nashville’s tourist district.

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Hotel Redevelopment Site
Hotel Redevelopment Site

7014 McCutcheon Road, Chattanooga, TN 37421

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A hotel property identified for redevelopment in Chattanooga, Tennessee.

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Wingate by Wyndham Hotel
Wingate by Wyndham Hotel

7312 Shallowford Road, Chattanooga, TN 37421

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Hotel property on Shallowford Road in Chattanooga, Tennessee.

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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

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

120 Hospitality Blvd, Manchester, TN 37355-6497

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

152 Hospitality Blvd, Manchester, TN 37355-6497

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

1143 Woodbury Hwy, Manchester, TN 37355-3103

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

111 Hospitality Blvd, Manchester, TN 37355-6497

Estimated value:
$1,625,000
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

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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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