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Property summary
This exceptional 83-key Best Western hotel presents a compelling value-add investment opportunity in Manchester, Tennessee. Situated in the thriving Tullahoma-Manchester MSA, midway between Nashville and Chattanooga, this property benefits from convenient access to major transportation routes (I-24 corridor) and significant regional markets. The hotel, originally built in 1978 as a Holiday Inn and later rebranded as a Country Inn & Suites in 2001, has undergone a complete interior and… exterior renovation completed in 2024. This extensive renovation includes a new glass entryway, front desk, breakfast area, an added elevator, fitness room, meeting room, and outdoor swimming pool. All rooms feature a combination of LVT and carpet flooring, and the entire property boasts a new roof, windows, and blackout window treatments, along with updated furniture. The 54,516 square foot hotel, spread across three two-story buildings, is currently operating under a 10-year franchise agreement with Best Western, eliminating any potential PIP (Property Improvement Plan) costs for the new owner. Projected first-year revenue exceeds $2.2 million, reflecting the strong RevPAR (Revenue Per Available Room) in the midscale/upper midscale market. An additional revenue stream is possible by leasing the approximately 10,000 square foot east-side building, which features a separate entrance and a full-size kitchen, ideal for a restaurant. The hotel's location in Manchester offers a desirable blend of rural charm and access to amenities, further enhanced by the city's proximity to major employers like the Arnold Engineering Development Complex (AEDC) and the annual Bonnaroo Music and Arts Festival. The asking price for this turnkey operation is $8,500,000. The property's APN is 085E-A-022.00 and is zoned Commercial 08.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 23,464 SF
- Lot area
- 2.7 ac
- Year built
- 1972
- Stories
- 1
- APN
- 016085E A 02200
- Assessed value · 2023
- $915,880
- Annual tax · 2023
- $33,246
- Medical Building
- Commercial (general)
- Retail Stores
- Hotel/motel · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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