Remarks

Public Remarks

THIS 39-UNIT MOTEL HAS BEEN METICULOUSLY MAINTAINED AND CARED FOR. IT OFFERS A MIX OF KING, QUEEN, AND 2 DOUBLE BED UNITS AND 4 OWNERS SUITS.. A NEW WATER HEATER WAS INSTALLED TO SUPPLY UNLIMITED HOT WATER TO ALL UNITS. TAMCO 60-YEAR COMMERCIAL METAL ROOF THAT LOOKS LIKE CEDAR SHAKE WITH NO EXPOSED FASTENERS. THE MOTEL SITS ON 1.6 ACRES AND BRINGS IN STRONG REVENUE. ALL UNITS ARE ARE SUPER CLEAN WITH FRESH PAINT AND CARPET. THE OFFICE OFFERS A NICE RECEPTION AREA ALONG WITH A BIG ROOM FOR BREAKFAST AND FULL KITCHEN. THERE IS A NICE SIZED MANAGERS QUARTERS AND AN EXTRA FULL BATH. A STORAGE BUILDING IS ON SITE FOR TOOLS. A MAINTENANCE WORK SHOP AND LAUNDRY ROOM WITH NEW COMMERCIAL WASHER-DRYER UNITS.

Tax & Legal

Directions

LONE OAK ROAD EXIT 7 TAKE I-24 TOWARDS NASHVILLE, TAKE PURCHASE PARKWAY TOWARDS MURRAY, EXIT ONTO 641 TOWARDS MURRAY, STAY ON 641 WHICH TURNS INTO 12TH STREET IN MURRAY, MOTEL ON THE RIGHT 1 MILE PAST THE MSU FOOTBALL STADIUM

Association/Community

Number Of Buildings

4

Possession

Close Of Escrow

Yes

Roof

Metal

Yes

Water Heater

Gas

Yes

Business Type

Commercial

Yes

Other

Yes

Property Features