Motel 6 Dyersburg, TN | 2331 Lake Rd
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Motel 6 Dyersburg, TN 2331 Lake Rd
42 Room Hotel Dyersburg, TN 38024 $3,270,600 CAD ($77,871 CAD/Room)
Investment Highlights
- Fully Renovated
- Perfect Property for First-Time Buyers Plus Training to run Property
- Located in Prime Business Area of Dyersburg
- No PIP for New Owners
- Exterior Corridor
- Off of Interstate 155 and 20 Miles from I55 into Missouri and Arkansas
Executive Summary
This Motel 6 has undergone a full renovation, featuring the new Gemini design without any Property Improvement Plan (PIP) requirements. It offers 42 rentable rooms and 5 units for managers’ living quarters, with the potential to convert 3 of those units into additional rentable rooms. Located in Dyersburg’s main business area near Interstate 155, this cost-efficient franchise brand caters to travelers seeking budget-friendly accommodations. Dyersburg, known for its diverse economy, benefits from contributions in manufacturing, healthcare, education, and retail. The user-friendly front desk operating system makes it an excellent choice for first-time or new owners. Anticipated growth is driven by its strategic location along the forthcoming I-69 highway, which will connect Canada to Mexico. THE PRICE CAN BE NEGOTIATED.
Property Facts
| Price | $3,270,600 CAD | Building Size | 18,128 SF |
| Price Per Room | $77,871 CAD | No. Rooms | 42 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1990/2022 |
| Property Subtype | Hotel | Parking Ratio | 1.65/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.88 AC |
| Price | $3,270,600 CAD |
| Price Per Room | $77,871 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.88 AC |
| Building Size | 18,128 SF |
| No. Rooms | 42 |
| No. Stories | 2 |
| Year Built/Renovated | 1990/2022 |
| Parking Ratio | 1.65/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 42 | $142.20 CAD | - |
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PROPERTY TAXES
| Parcel Number | 074-052.00 | Improvements Assessment | $348,162 CAD |
| Land Assessment | $219,841 CAD | Total Assessment | $568,004 CAD |
PROPERTY TAXES
Parcel Number
074-052.00
Land Assessment
$219,841 CAD
Improvements Assessment
$348,162 CAD
Total Assessment
$568,004 CAD
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Presented by
Anish Patel
Motel 6 Dyersburg, TN | 2331 Lake Rd
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