- For Sale $2,300,000
- Property Type Other
- Property Size 18,040 SF
- Units 100
- Lot Size 1.54 Acre
- Building Class C
- Year Built 1995
- Date Updated Sep 24, 2026
Description
Discover the charm of Cleveland, TN, an ideal location for your Hospitality/Full Service investment. Nestled in the rolling hills of the Appalachian mountains, the area offers a picturesque backdrop and a thriving community for visitors to explore. Just a short drive from the property, you'll find the stunning Red Clay State Historic Park, known for its natural beauty and rich Native American history. Travelers can also enjoy a visit to the iconic Lee University or spend a day exploring the local shops and restaurants in downtown Cleveland. With its welcoming atmosphere and range of nearby attractions, this location is perfect for investing in the hospitality industry.Introducing a prime opportunity for hospitality and full service investors—this impressive property features an 18,040 SF building with 100 units, ideal for accommodating a range of guests. Built in 1995, the property boasts a well-established infrastructure and modern amenities to ensure a comfortable and inviting experience for visitors. Zoned CG, the location offers versatility for various commercial ventures. Situated in the heart of the vibrant Cleveland area, this property presents an exceptional investment prospect with its strategic positioning and potential for growth in a thriving market. Don't miss the chance to make your mark in this dynamic hospitality landscape.
Highlights
- 47 guest rooms
- Approximately $48,936 per key
- Asking price: $2,300,000
- Close proximity to Knoxville, Chattanooga, Atlanta, Nashville, and Birmingham
- Convenient access to Interstate 75
- Interior-corridor configuration
- Near Lee University and Cleveland-area demand generators
- Operates under the recognized Super 8 by Wyndham flag
- Opportunity to enhance performance through revenue management and operational efficiencies
- Prime location just off the Paul Huff Parkway exit
- Recently renovated
- Strategic regional access to Chattanooga, Knoxville, Atlanta, Nashville, and Birmingham
- Suitable for owner-operators, regional hotel groups, and hospitality investors
- Trailing-12-month occupancy index of 127
- Trailing-12-month RevPAR index of 131
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Contacts
Karan Mistry
Location
Contact Listing Broker
Karan Mistry