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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

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,

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Hotel-Motel

Red Roof Inn Johnson City

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

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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