1501 25th St NW

    Cleveland, TN 37311
    • $1,300,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 20186244
    UPDATED: 14 min ago
    $1,300,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,303
      SQFT
    • $91
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1983
    County:

    School Ratings & Info

    Description

    Well established hotel on busy 25th street in the center of Cleveland. 36 rooms inside and 34 rooms outside. Most rooms fully furnished with DirectTV, fridge, microwave and phone. All furniture to remain. Owner operators are retiring after over 20 years of running this hotel full-time. Rare investment opportunity with a high cap-rate. Not expected to last long at this price.

    Monthly Payment Calculator



    © 2018 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices J Douglas Properties. Data last updated: 2018-11-16T17:47:37.81.
    www.theedringtonteam.com/homes/88667283

    1501 25th St NW Cleveland, TN 37311

    • Price: $1,300,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 20186244
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    14,303
    SQFT
    $91
    $/SQFT
    1983
    Built
    Neighborhood:
    Taurus Hospitality
    County:
    Bradley
    Area:
    Cleveland N W
    Property Description
    Well established hotel on busy 25th street in the center of Cleveland. 36 rooms inside and 34 rooms outside. Most rooms fully furnished with DirectTV, fridge, microwave and phone. All furniture to remain. Owner operators are retiring after over 20 years of running this hotel full-time. Rare investment opportunity with a high cap-rate. Not expected to last long at this price.
    Exterior Features

    Lodge Type Full Service

    Interior Features

    Sq Ft Range 10000-19999

    Property Features

    Approx Lot Dimensions 384*110 Est Gross Annual Receipt 344697 Estimated Age Range 26-50 Years Lender Approved Short Sale No Owner Finance Available No Source Tax Record Third Party Approval Req No Type Lodging/Hospitality Zoning Commercial General

    Listing provided courtesy of Michael Jones of Award Realty II.


    © 2018 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices J Douglas Properties. Data last updated: 2018-11-16T17:47:37.81.
     
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