210 Broyles Dr, Johnson City, TN 37601-2508
- Motels
- 39,905 SF
- 2.04 lot acres
Current Use by Public Records
- Red Roof Inn Johnson City / Hotel & Motel
- Apartment homes / Housing Complex
- Connie stanton / Freight Service / Logistics Company
Property Details for 210 Broyles Dr
- Year built
- 1990
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.04 lot acres
- Property type
- Motels
- APN
- 038O A 00904
- APU
- 038OA00904
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 16, 2025 | — | Jc Hotels LLC | — | Deed · related | $4.2M · Y-12 FCU |
| Aug 1, 2019 | $4,600,000 | Jc Hotels LLC | Tenn Ents LLC | Grant Deed | $4M · North St Bk |
| Jun 12, 2019 | $3,900,000 | Tenn Ents LLC | Rri III LLC | Grant Deed | — |
| Mar 14, 2011 | $2,700,000 | Rri III LLC | R-roof V LLC | Deed Of Trust · related | $100M · Deutsche Bank Trust Co America |
| Oct 23, 2007 | $5,716,934 | R-roof V LLC | Second Berkshire Props LLC | Deed Of Trust · related | $310M · Citigroup Global Markets Realt |
| Jan 31, 1990 | $650,000 | Red Roof Inns INC | Unknown | Grant Deed | — |
| — | — | Rri III LLC | — | Deed Of Trust · related | $130M · Bank Of America |
Description
Exceptional investment opportunity: a fee-simple 115-unit Red Roof Inn in Johnson City, Tennessee. This three-story hotel, built in 1990, sits on a 2.04-acre lot and offers a compelling return for investors. The property boasts numerous amenities including free on-site parking, complimentary coffee and tea, an outdoor gazebo, vending machines, daily housekeeping, and fax/photocopy services. Each guest room is equipped with free Wi-Fi, microwave, refrigerator, flat-screen TV, desk with chair, clothes rack, and clock radio. Its prime location offers easy access to major demand generators. The hotel is conveniently situated 3.4 miles from the 455-bed Johnson City Medical Center (a Level 1 trauma center), 4 miles from East Tennessee State University (enrolling over 12,000 students and featuring a major medical school and teaching hospital), and less than 15 miles from Bristol Motor Speedway, a major attraction drawing over 500,000 visitors annually. The area also offers numerous recreational opportunities, including Winged Deer Park and Buffalo Mountain Park, along with shopping centers, restaurants, and other attractions such as the Rocky Mount Museum and Jonesborough Historic District. This well-maintained property presents a minimal property improvement plan for a new owner, making it an attractive proposition in a thriving market. The asking price is $6,995,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $685,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,367,000
Market price range: $567k - $2.98M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $1,700,000 Current use
- WAREHOUSE, STORAGE
- $1,405,000 Change: -17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Johnson City
- County
- Washington
- State
- Tennessee
- Longitude
- -82.3716
- Latitude
- 36.3437
- CBSA code
- 27740
- CBSA name
- JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
