627 Old Hickory Blvd, Nashville, TN 37209

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.