| Name |
Hampton Inn |
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| Location |
Dyersburg, TN (map) |
| Number of Rooms |
60 |
| Asking Price |
$4,000,000 |
| Price/Room |
$66,667 |
| Ownership |
Fee Simple |
| Investment Highlights |
· Outstanding location adjacent to the Dyersburg Mall, at the intersection of Interstate 155 and Highway 78.
· Strong existing cash flow with significant upside potential.
· Priced at a significant discount to replacement costs.
· Can be delivered unencumbered of management.
· Occupancy, ADR, and RevPAR penetration indexes of 125.5%, 105.5%, and 132.3%, respectively, for the trailing-twelve months ending March 2008, indicate a strong market position.
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| Property Overview |
The Property is an interior-corridor, two-story hotel located adjacent to the Dyersburg Mall, which is anchored by Peebles, JCPenny and Goody’s and features 24 other stores. Featuring 60 guestrooms, the Property is ideally suited for business or leisure guests. Each guestroom offers complimentary high-speed Internet access, coffeemaker, hairdryer, and color television with cable channels. The hotel offers non-smoking guestrooms, free parking, and outdoor swimming pool.
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Photos
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