88-Room Hotel with
For Sale
Contact for pricing
2021 E Spring St, Cookeville, TN 38506
Hotel includes a pool, common areas, guest laundry, and manager living quarters.
Property SizeContact for details
Days on Market144
Property Features for 2021 E Spring St
General Information
Standard status
Active
Property subtype
Hospitality
Listing Agency:
Weichert Realtors - Joe Orr & Associates
(931) 409-2590
Listed By:
Brian "BB" Brown · License #TN 278045
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 3:48AM
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 Weichert Realtors - Joe Orr & Associates
Investment Insights
Based on property information with market context.
The property comprises an 88-room Baymont by Wyndham hotel set on 5 acres, with double rooms, king rooms, and suites featuring jacuzzi and/or kitchenette options. Improvements include a pool, multiple common areas, complimentary breakfast service, guest laundry, handicap accessibility, and separate manager’s or owner’s living quarters. Eight apartments in separate buildings are also part of the property, along with ample parking.
Positioned immediately off I-40 in Cookeville, the hotel has direct interstate access and visibility. The property is adjacent to a popular restaurant and sits 79 miles east of Nashville and 101 miles west of Knoxville. Cookeville is located at the intersection of I-40 and Highway 111 and serves as a regional center for employment, education, retail, health care, and recreation.
The combination of hotel rooms, varied suite configurations, on-site amenities, apartments, and residential quarters creates a multi-component hospitality property with lodging and additional accommodations on the same site.
Positioned immediately off I-40 in Cookeville, the hotel has direct interstate access and visibility. The property is adjacent to a popular restaurant and sits 79 miles east of Nashville and 101 miles west of Knoxville. Cookeville is located at the intersection of I-40 and Highway 111 and serves as a regional center for employment, education, retail, health care, and recreation.
The combination of hotel rooms, varied suite configurations, on-site amenities, apartments, and residential quarters creates a multi-component hospitality property with lodging and additional accommodations on the same site.
Key Highlights
- 88‑room Baymont by Wyndham hotel on 5 acres
- Eight apartments in separate buildings included with the property
- Immediately off I‑40 with interstate access and visibility
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 38506, TN
29,976
Population
13,018
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
90%
High-School Grad
164.3 sq mi
ZIP Area
182
Density / Sq Mi
$63,051
Median Household Income
$37,589
Median Earnings
$1,032
Median Rent
$256,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Hotel - Hotel includes a pool, common areas, guest laundry, and manager living quarters.
Where is this hotel located?
The property is located at 2021 E Spring St Cookeville, TN.
What are key features of this property?
This property features: 88‑room Baymont by Wyndham hotel on 5 acres; Eight apartments in separate buildings included with the property; Immediately off I‑40 with interstate access and visibility
