Extended Stay - Sweetwater 1421 Murrays Chapel Rd 84 Room Hotel Sweetwater, TN 37874 $13,959,200 CAD ($166,181 CAD/Room)

Offered Price: $10,000,000 (Delivered with Renovation)
Rooms: 141
Exterior Corridor
Lot Size: 4 acres
2 Stories
Close to All Demand Generators
Bank Financing Available
Property Features:
Right Off I-75
Indoor Pool
Great View
Restaurant / Bar On Site
Fully Furnished
Approximately 4,000 sqft.
All Rooms with Kitchens
Ballroom Available
The Extended Stay in Sweetwater, Tennessee is strategically located right off Interstate 75, providing excellent visibility and seamless regional connectivity. The property sits approximately 3 miles from Downtown Sweetwater, offering close access to shopping, dining, and city amenities. Several notable landmarks and attractions surround the area, including Sweetwater Valley Farm (about 7 miles), known for its award-winning cheeses, and the Lost Sea Adventure (roughly 6 miles), a popular underground lake and cave system that draws consistent regional attention. In addition, the property is approximately 30 miles south of Knoxville and 60 miles north of Chattanooga, positioning it well within two of East Tennessee’s most significant metropolitan markets. The location also benefits from proximity to Cherokee National Forest (around 20 miles), providing year-round recreational appeal, and Fort Loudoun State Historic Park (about 15 miles), an established historic and cultural site. With direct interstate frontage, steady regional traffic, and nearby attractions that strengthen the area’s visibility, this asset holds long-term operational and investment appeal.
Location Highlights:
1. Interstate Access – Conveniently located right off Interstate 75, providing excellent connectivity to regional markets and strong visibility.
2. Proximity to Downtown – Approximately 3 miles from Downtown Sweetwater, offering close access to shopping, dining, and city services.
3. Nearby Attractions – Within minutes of key regional destinations including Lost Sea Adventure (~6 miles), Sweetwater Valley Farm (~7 miles), and Cherokee National Forest (~20 miles).
4. Access to Major Cities – Positioned about 30 miles south of Knoxville and 60 miles north of Chattanooga, two of East Tennessee’s largest metropolitan areas.
5. Historic & Cultural Sites – Close to Fort Loudoun State Historic Park (~15 miles), adding historic and recreational value to the area.
Developments coming to Sweetwater, Tennessee, that could drive hotel business for a location like an Extended Stay are focused on industrial growth and infrastructure. The city's location on I-75 between Knoxville and Chattanooga makes it an attractive site for logistics and manufacturing. Here are the key developments that could drive hotel business in the Sweetwater area:
Red Stag Fulfillment Campus: This is a major industrial development with the potential to significantly increase business-related travel. Red Stag Fulfillment is building a 420-acre e-commerce distribution center, a project that is expected to bring 3,500 jobs to Monroe County. The construction, setup, and ongoing operations of a facility this large will bring a consistent need for long-term stays for contractors, corporate staff, and new employees relocating to the area, which is an ideal fit for an Extended Stay hotel.
75 Regional Commerce Park: The development of this business park at I-75, Exit 60, is designed to attract new businesses to the area. Its strategic location between two major cities makes it a prime spot for new companies, which would create a steady stream of business travel.
Sweetwater's Existing Appeal: Sweetwater's local attractions also contribute to hotel business. The city is home to the Lost Sea, America's largest underground lake, which draws a significant number of tourists. Additionally, the city's historic downtown and other local attractions make it a popular stop for travelers on I-75.
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.