Hotel-Motel
Red Roof Inn Johnson City
210 Broyles Dr, Johnson City, TN 37604
Listing Price: $8,250,000
Cap Rate
11.90%
Number of Rooms
115
RevPAR
$53
Gross SF
34,000
Price/Room
$71,739
RRM
3.69
Price/Gross SF
$242.65
Year Built
1990
Investment Overview
Fee simple
Red Roof Inn Johnson City
Investment Highlights
- Fee simple interest in the 115-unit, Red Rood Inn Johnson City, located in Johnson City, Tennessee
- Interstate location just minutes from ALL major demand generators including hospitals, universities, golf courses, shopping centers, restaurants
- East Tennessee State University
- Johnson City Medical Center,
Listing Price: $8,250,000
Cap Rate
11.90%
Number of Rooms
115
RevPAR
$53
Gross SF
34,000
Price/Room
$71,739
RRM
3.69
Price/Gross SF
$242.65
Year Built
1990
Investment Highlights
- Fee simple interest in the 115-unit, Red Rood Inn Johnson City, located in Johnson City, Tennessee
- Interstate location just minutes from ALL major demand generators including hospitals, universities, golf courses, shopping centers, restaurants
- East Tennessee State University
- Johnson City Medical Center,
Investment Overview
Fee simple
