279 Mayberry St - Hospitality FOR SALE


Sparta, TN 38583
$670,000 USD
931-881-6971
279 Mayberry St, Sparta, TN for Sale
$670,000 USD
Hospitality - FOR SALE
1/2
null | Request Cap Rate

279 Mayberry St
Sparta, TN 38583


HIGHLIGHTS

  • High-yield investment opportunity

OVERVIEW

**HIGH-YIELD INVESTMENT OPPORTUNITY** Budget Inn Motel, Sparta, TN - 19 fully-equipped rooms with microwave, refrigerator, and WiFi - Consistent 100% occupancy with weekly guests! - Strong cash flow and attractive cap rate** - Rooms are being renovated right now! Invest in a proven, high-performing asset with potential for long-term appreciation. Contact us to schedule a showing and take advantage of this lucrative opportunity! Contact us for any further questions!

FOR SALE DETAILS

PRICE

$670,000 USD

PRICE/SF

$89 USD /SF

# OF ROOMS

19

PRICE/ROOM

$35,263 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budget Inn Sparta

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1940

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,591 SF

ZONING

M-I

APN/PARCEL ID

059A-D-007.00

ASK ABOUT THIS PROPERTY

Hinal TanwarThe Real Estate CollectiveMore Info
931-881-6971

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Hinal TanwarThe Real Estate CollectiveMore Info
931-881-6971

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