330-466-8550
2232 Center St, Chattanooga, TN for Sale
Hospitality - FOR SALE
1/6
null | Request Cap Rate

2232 Center St
Chattanooga, TN 37421
Hickory Valley-Hamilton Place


HIGHLIGHTS

  • Turnkey hotel with a 4.25% assumable loan.
  • Above index ADR & occupancy.
  • Located off I-75, just 3 miles from the Chattanooga Airport.

OVERVIEW

DoubleTree by Hilton Chattanooga Hamilton Place is a newly flagged 138-room hotel located off I-75, 3 miles from Chattanooga Airport, and 10 miles from both Tennessee Aquarium and the Creative Discovery Museum. This former Holiday Inn was recently converted to the DoubleTree flag with renovations completing in April of 2023. The DoubleTree offers investors the opportunity to acquire a 138-room turnkey property with an attractive assumable loan in an established and growing market with the potential to maximize operations as the property stabilizes. Must sign CA for access to deal vault.

FOR SALE DETAILS

PRICE

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# OF ROOMS

138

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Doubletree by Hilton Chattanooga Hamilton

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2011

PARKING SPACES

126

LAND DETAILS

LAND ACRES

3.91 AC

LAND SF

170,320 SF

ZONING

C2

APN/PARCEL ID

148E-B-003

ASK ABOUT THIS PROPERTY

Brad WeidmanSVN | Summit Commercial Real Estate AdvisorsMore Info
330-466-8550

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Brad WeidmanSVN | Summit Commercial Real Estate AdvisorsMore Info
330-466-8550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.