Price: $5,950,000
Address: 3281 West State Street
City: Bristol
State: TN
ZIP: 37620
Rooms #: 91
Address: 3281 West State Street
City: Bristol
State: TN
ZIP: 37620
Rooms #: 91
Additional Features:
DEAL FEATURES
- Excellent Interstate 81 visibility and accessibility
- Recently opened Hard Rock Casino and Resort will drive business to the market and subject
- Directly across the street from Bristol Regional Medical Center, a major 315-bed Level III Trauma Center serving NE Tennessee and SW Virginia
- Ideal size and operating model for owner/operator
- Offered at discount to replacement cost
- Property renovations of $2,040,000 when seller converted to Quality Inn in 2021
BUILDING OVERVIEW
- 2 Stories, Exterior Corridor
- Concrete Block Construction
- Stucco Façade
- Flat Roof
- Asphalt Parking Lot—95 Spaces
PROPERTY HIGHLIGHTS
- 91 Rooms
- Built in 1978
- Wireless Internet
- Breakfast Room (Seats 22)
- Business Center
- Guest Laundry
- Fitness Center
- Complimentary Parking
Financials
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This is a confidential offering intended for the recipient’s use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!
