108 Cumberland E St Cowan, TN 37318-3247
This charming 9-bedroom hotel in Cowan, Tennessee, presents a unique investment opportunity. Located on Cumberland Street East, this 9,500 square foot property is ideally situated within a 15-minute drive of the University of the South in Sewanee, catering to visiting families, alumni, and prospective students. Its proximity to The Caverns, a popular music venue, further enhances its appeal to a diverse clientele. The hotel includes a fully functional kitchen, allowing for operation as a bed and breakfast, adding another revenue stream. An on-site studio apartment provides convenient owner/manager housing. The property also features an event space suitable for weddings, conferences, or private parties, and an adjacent retail space (previously a barber shop) with a separate entrance, offering additional rental income potential. Priced at $849,900, this versatile property combines comfortable accommodations with multiple income-generating opportunities in a desirable location. The property's combination of hotel rooms, event space, and retail space provides a unique and diversified income potential. This is a turnkey operation ready for a new owner to step in and continue its success. The convenient location and diverse revenue streams make this a compelling investment in the thriving Tennessee hospitality market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.