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Property profile & analytics
OFF-MARKET
Hotels

956 Shannon Dr Cookeville, TN 38506

1,188 SF 0.46 ac lot Built 1976
Property ID
US80-0641218
Property summary
AI-generated overview

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
Verified
Property type Hotels
Year built 1976
Total area 1,188 SF
Lot 0.46 ac (20,038 SF)
APN 027 047.04
UPID US80-0641218
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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