For Sale
$2,400,000

1936 Highway 45 BypJackson, TN 38305

SureStay Plus by Best Western, a fully renovated and cost-efficient property available for sale in Jackson, TN

Overview

Added:
Jan 28
Days on market:
66
NewGen Advisory is excited to present the SureStay Plus by Best Western, a fully renovated and cost-efficient property available for sale in Jackson, Tennessee. Strategically positioned as an ideal mid-scale asset, this hotel has undergone a comprehensive renovation, surpassing industry standards and presenting a unique opportunity for prospective buyers.

The property, operated as a SureStay Plus by Best Western, is offered unencumbered of management, providing investors with a seamless and attractive acquisition option. With no PIP required for the new buyer, this offering stands as an exceptional chance to own a strategically positioned and renovated mid-scale hotel at a compelling value.

Boasting a prime location in a city with a diverse economy, including contributions from manufacturing, healthcare, education, and retail, the SureStay Plus is well-aligned with the dynamic economic landscape of Jackson.

Location Description
Jackson is situated in Madison County and serves as its county seat. It is centrally located in West Tennessee, making it a regional hub. The economy of Jackson is diverse, including manufacturing, healthcare, and education. The city is home to various industries, contributing to its economic stability. The city offers cultural and recreational opportunities. The International Rock-A-Billy Hall of Fame, dedicated to preserving the history of rockabilly music, is located in Jackson. There are also parks, museums, and events that contribute to the city’s cultural scene.

Highlights

  • 48 units, 2 stories, exterior corridor Recently renovated, offering no PIP for new buyer Amenities include an outdoor swimming pool and fitness center Ideal for owner operator or first-time buyer Conveniently located along major transportation routes, including Interstate 40 Oct. 2024 Tennessee West Area YOY change: Occ 2.5% / ADR 1.7% / RevPAR 4.2% Annual traffic volume: 123,805

Property Details for 1936 Highway 45 Byp

Property type
Hotels, Hospitality properties
Square Feet
19,788 SF
Price / Square Foot
$121.29
Year Built
1972
Buildings
1
Stories
2
Elevators
N/A
Lot Size (sq. ft)
54,014 SF
Units
48

Location Insight

City
Jackson
County
State
Tennessee

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1936 Highway 45 Byp
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