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Econo Lodge Chattanooga 7421 Bonny Oaks Dr 58 Room Hotel Chattanooga, TN 37421 $5,530,000 CAD ($95,345 CAD/Room)
EXECUTIVE SUMMARY
Located at Exit 7 off I-75 which is the exit for Chattanooga's Enterprise Business Park where Volkswagen Plant, Amazon and Gestamp are located with employment totaling more than 7,000 within one mile. New large Surgical Center under construction Just across Interstate - owned by Erlanger and Parkridge Hospital. Incredible interstate exit corner acreage of approximately 1.26 acres.
Select geographical area - Cleveland TN 13 mi., Knoxville TN 104 mi., Dalton GA 25 mi., Atlanta 106 mi., Nashville TN 150 mi.
Select geographical area - Cleveland TN 13 mi., Knoxville TN 104 mi., Dalton GA 25 mi., Atlanta 106 mi., Nashville TN 150 mi.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
| Price | $5,530,000 CAD | Lot Size | 1.26 AC |
| Price Per Room | $95,345 CAD | Building Size | 31,438 SF |
| Sale Type | Investment | No. Rooms | 58 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1989 |
| Property Subtype | Hotel | Parking Ratio | 2.39/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | C - Commercial | ||
| Price | $5,530,000 CAD |
| Price Per Room | $95,345 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.26 AC |
| Building Size | 31,438 SF |
| No. Rooms | 58 |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 2.39/1,000 SF |
| Corridor | Exterior |
| Zoning | C - Commercial |
AMENITIES
- Business Center
ABOUT 7421 BONNY OAKS DR , CHATTANOOGA, TN 37421
In addition to the 58 units, 2 additional units have been converted to a manager's apartment.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 58 | $82.95 CAD | - |
PROPERTY TAXES
| Parcel Number | 139F-C-003 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,070,524 CAD |
PROPERTY TAXES
Parcel Number
139F-C-003
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,070,524 CAD
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Econo Lodge Chattanooga | 7421 Bonny Oaks Dr
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