New Nashville Hotel for
For Sale
Contact for pricing
627 Old Hickory Blvd, Nashville, TN 37209
104-room Comfort Inn & Suites near downtown Nashville.
Property SizeContact for details
Days on Market840
Property Features for 627 Old Hickory Blvd
General Information
Standard status
Active
Property subtype
Hospitality
Building Details
Year Built
2024
Buildings
1
Stories
5
Listing Agency:
Charles Hart Hospitality
Listed By:
Andrew Bankhurst · License #OH SAL.2015005693
Source:
Crexi
Added: May 8, 2024
Changed: Aug 10
Last Checked: Aug 25 at 10:41AM
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 Charles Hart Hospitality
Investment Insights
Based on property information with market context.
This is a brand new 104-room Comfort Inn & Suites located in Nashville, Tennessee, seven miles west of downtown, directly off Interstate 40 between Midtown and Bellevue. The hotel is positioned to benefit from its location in a popular tourist destination experiencing rapid growth in size and population. Nashville's strong economy and low cost of living have established it as a hub for music, healthcare, and tourism, attracting numerous headquarters to the area. The region has seen a 20% population growth in the past decade. Nearby major employers include Vanderbilt University Medical Center, Vanderbilt University, Nissan, HCA Health Care, and St. Thomas Health. Nashville welcomed over 14.5 million tourists in 2022, who spent over $8.8 billion in the local economy. Construction is scheduled to complete in June of 2024. The hotel has been built and designed to surpass the standards of Comfort Inn’s new “Rise and Shine” prototype. The hotel was uniquely licensed with short 5-year windows giving a potential investor the opportunity to reposition the flag to push higher ADR while still benefiting from a brand-new build. The hotel is operating in a $139 midscale/upper midscale RevPAR market which should provide a hands-on owner the opportunity to achieve revenues of over $5M upon stabilization.
Key Highlights
- Brand new 104‑room Comfort Inn & Suites built in 2024, Nashville, Tennessee.
- Located off Interstate 40, seven miles west of downtown Nashville, in a high‑growth tourist destination.
- Unique 5‑year licensing window provides opportunity to reposition the flag for higher ADR.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
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Business Placement
Demographics for 37209, TN
40,498
Population
21,421
Households
1.9
Avg Household Size
32
Median Age
57%
College-Educated
92%
High-School Grad
33.6 sq mi
ZIP Area
1,205
Density / Sq Mi
$75,810
Median Household Income
$48,965
Median Earnings
$1,580
Median Rent
$495,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - 104-room Comfort Inn & Suites near downtown Nashville.
Where is this hotel located?
The property is located at 627 Old Hickory Blvd Nashville, TN.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: Brand new 104‑room Comfort Inn & Suites built in 2024, Nashville, Tennessee.; Located off Interstate 40, seven miles west of downtown Nashville, in a high‑growth tourist destination.; Unique 5‑year licensing window provides opportunity to reposition the flag for higher ADR.
