Property summary
This exceptional 50-unit Days Inn hotel in Martin, Tennessee presents a compelling investment opportunity. Boasting 43,560 square feet, this two-story property with exterior corridors was built in 1952. The hotel enjoys a strategic location in the heart of Martin, just 2.5 hours from both Nashville and Memphis, offering convenient access to major transportation hubs. Martin's vibrant community, anchored by the University of Tennessee at Martin, provides a consistent stream of guests. The charming downtown area, with its unique shops and restaurants, further enhances the hotel's appeal. This property benefits from limited competition in the area and is situated in an Opportunity Zone. The hotel's average annual revenue over the last two years has been $534,280, making it an attractive proposition for owner-operators seeking a historically consistent market. The asking price is $2,250,000, or $45,000 per key. This represents a strong value proposition in a thriving market with significant growth potential. The property offers a rare chance to acquire a well-established hotel in a desirable location with a proven track record of profitability.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning