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Property profile & analytics
FOR SALE
Motels

800 University St Martin, TN 38237

26,512 SF 2.15 ac lot Built 1978
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-3261126
Property summary
AI-generated overview

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
Verified
Property type Motels
Use group MOTEL
Year built 1978
Construction CONCRETE
Total area 26,512 SF
Lot 2.15 ac (93,654 SF)
APN 092073 04301
UPID US80-3261126
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Days Inn by Wyndham Martin Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.52M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.44M
Owner & transaction history
Dpee Hospitality LLC · 4 yrs held
Dpee Hospitality LLC
since 2021
Last sale
$1.4M
7 recorded transactions
2021
$1.4M
2017
Price N/A
2008
$1.6M
2002
$800,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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