800 University St Martin, TN 38237
For Sale
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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.
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Days Inn by Wyndham Martin Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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.