1010 Cosby Hwy Newport, TN 37821-7321

This exceptional investment opportunity presents the Quality Inn Newport, a well-established 94-key hotel situated on a spacious 2.75-acre lot at 1010 Cosby Hwy, Newport, TN 37821. The property boasts a substantial 49,666 square-foot building, originally constructed in 1968 and maintained to a high standard. Its prime location within a thriving area of Newport, Tennessee, offers significant potential for growth and profitability. The surrounding demographics, within a 5-mile radius, demonstrate a robust population and healthy income levels, creating a strong demand for hospitality services. This established hotel presents a rare chance to acquire a turnkey operation in a desirable market. The property's spacious layout and modern amenities provide a comfortable and attractive experience for guests. This is an excellent opportunity for investors seeking a proven asset in the hospitality sector with significant upside potential. The asking price for this remarkable property is $3,900,000. Detailed financial information is available upon request.