634 David St, Centerville, TN 37033

Property Description

Rare hospitality investment opportunity in Centerville, Tennessee. This 39-key Econo Lodge Inn & Suites includes two additional on-site staff apartments, providing added operational flexibility for ownership and management. The approximately 22,134-square-foot property features an outdoor swimming pool and operates under an established franchise that is transferable, subject to franchisor approval and requirements. The property has generated a historical average NOI of approximately $175,000, with 2024 gross revenue of approximately $544,000. Current performance presents a compelling value-add opportunity for an experienced operator to increase occupancy, strengthen revenue management, and improve overall operating performance. Offered at $2,100,000, this is an opportunity to acquire an established hospitality asset with existing operations, additional on-site staff housing, and potential upside. Financial information and additional due diligence materials are available to qualified prospects.