956 Shannon Dr Cookeville, TN 38506
- Hotels
- 1,188 SF
- 0.46 lot acres
Current Use by Public Records
- Hotels
Property Details for 956 Shannon Dr
- Year built
- 1976
- Lot size
- 0.46 lot acres
- Property size
- 1,188 SF
- Property type
- Hotels
- APN
- 027 047.04
Description
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.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cookeville
- County
- Putnam
- State
- Tennessee
- Longitude
- -85.4823088
- Latitude
- 36.2086623