1936 Highway 45 Byp Jackson, TN 38305
- Motels
- 22,658 SF
- 1.20 lot acres
Current Use by Public Records
- Motels
Property Details for 1936 Highway 45 Byp
- Year built
- 1972
- Lot size
- 1.20 lot acres
- Property size
- 22,658 SF
- Zone code
- B5
- Property type
- Motels
- APN
- 057055K C 00802
- APU
- 057055KC00802
Description
This fully renovated, 48-unit SureStay Plus Hotel in Jackson, Tennessee, presents a compelling investment opportunity. Boasting 19,788 square feet on a 1.24-acre lot, this two-story property, built in 1972, offers an exceptional value at $2,400,000 ($121.29/sq ft). The hotel features an outdoor swimming pool and fitness center, and is conveniently located along major transportation routes, including Interstate 40. No capital expenditures (PIP) are required for the new buyer. The property is offered unencumbered of management, making it an ideal acquisition for owner-operators or first-time buyers. Jackson's diverse economy, encompassing manufacturing, healthcare, education, and retail, ensures a strong market for this strategically positioned mid-scale asset. The outdoor corridor design adds to the property's appeal. This is a chance to acquire a well-maintained, high-performing hotel in a thriving Tennessee city.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.8523
- Latitude
- 35.6609
- CBSA code
- 27180
- CBSA name
- JACKSON, TN METROPOLITAN STATISTICAL AREA
