Interior-Corridor
For Sale
$2,300,000
163 Bernham Dr NW, Cleveland, TN 37312
Recently renovated hospitality property with CG zoning and convenient access to Interstate 75.
Property Size1 SF
Price / SF$2,300,000
Days on Market49
Property Features for 163 Bernham Dr NW
General Information
Standard status
Active
Size
1 SF
Zoning
CG
Listing Agency:
EXP Commercial
Listed By:
Karan Mistry · License #442144
(865) 307-0971
Source:
Expcommercial
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 26 at 12:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Commercial
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Investment Insights
Based on property information with market context.
The property is an 18,040-square-foot hotel built in 1995 and recently renovated. Its interior-corridor configuration supports a traditional lodging layout, and the asset operates under the Super 8 by Wyndham flag. CG zoning provides a commercial land-use designation for the site.
Located near the Paul Huff Parkway exit, the property offers access to Interstate 75 and is near Lee University and Cleveland-area demand generators. Regional connections extend toward Chattanooga, Knoxville, Atlanta, Nashville, and Birmingham. Trailing-12-month performance includes an occupancy index of 127 and a RevPAR index of 131, with operating considerations identified around revenue management and efficiency improvements.
Located near the Paul Huff Parkway exit, the property offers access to Interstate 75 and is near Lee University and Cleveland-area demand generators. Regional connections extend toward Chattanooga, Knoxville, Atlanta, Nashville, and Birmingham. Trailing-12-month performance includes an occupancy index of 127 and a RevPAR index of 131, with operating considerations identified around revenue management and efficiency improvements.
Key Highlights
- 18,040 SF hotel building constructed in 1995
- Recently renovated interior‑corridor lodging property
- Operates under the Super 8 by Wyndham flag
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Current Use
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
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Business Placement
Demographics for 37312, TN
36,291
Population
15,023
Households
2.4
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
64.4 sq mi
ZIP Area
564
Density / Sq Mi
$75,369
Median Household Income
$41,148
Median Earnings
$1,080
Median Rent
$270,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Recently renovated hospitality property with CG zoning and convenient access to Interstate 75.
Where is this hotel located?
The property is located at 163 Bernham Dr NW Cleveland, TN.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 18,040 SF hotel building constructed in 1995; Recently renovated interior‑corridor lodging property; Operates under the Super 8 by Wyndham flag
