Property summary
This 1,188 sq ft hotel in Cookeville, TN, presents a compelling investment opportunity. Built in 1976, this single-story property sits on a 0.46-acre lot at 956 Shannon Dr, zip code 38506. Recently renovated, it boasts a new roof, paint, flooring, and windows with a transferable warranty. Energy efficiency improvements include new insulation and a completed TVA energy assessment. The property's location offers convenient access to shopping and dining, and is less than 10 minutes from Tennessee Technological University and Cookeville Regional Medical Center. The asking price is $259,000 ($218.01/sq ft). The property features 3 bedrooms. Home and termite inspections are complete and available upon request. APN: 027 047.04. This turnkey operation is ready for immediate income generation. The quiet street location adds to its appeal.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning