1936 Highway 45 Byp Jackson, TN 38305

This exceptional opportunity presents the SureStay Plus by Best Western, a fully renovated, 48-unit hotel in Jackson, Tennessee. This cost-efficient property is offered unencumbered of management, eliminating any potential Post-Acquisition Improvements (PIP) for the new owner. The hotel boasts a prime location in a city with a diverse economy driven by manufacturing, healthcare, education, and retail sectors. Jackson's central location in West Tennessee makes it a regional hub, ensuring consistent guest traffic. The hotel features an outdoor swimming pool and fitness center, enhancing guest experience. The property sits on 1.24 acres and comprises 19,788 square feet. The hotel's recent renovation surpasses industry standards, presenting a compelling value proposition for prospective buyers. Its strategic positioning along major transportation routes, including Interstate 40, further enhances its appeal. The property is ideal for owner-operators or first-time buyers seeking a turnkey operation. Market data indicates positive year-over-year growth in occupancy (2.5%), Average Daily Rate (ADR, 1.7%), and Revenue Per Available Room (RevPAR, 4.2%) in the West Tennessee area as of October 2024. Annual traffic volume on the nearby highway is 123,805 vehicles. This is a rare opportunity to acquire a well-maintained, high-performing hotel in a thriving market. The asking price is $2,400,000.