REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Tina I. Jones • X Factor Realty Group, Inc.
$ 2,100,000
Est. payment | /mo
22,134 SqFt
$ 2,100,000
Est. payment | /mo
22,134 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 22,134 sqft
Price per Sqft $94
MLS Listing ID 3513520
Year Built 1997
Lot Size 1.820 Acres
Acres 1.82
Property Sub-Type Mixed Use
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.
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.
Location
State TN
County Hickman County
Zoning C-2
Interior
Fireplace N
Others
Special Listing Condition Standard
Virtual Tour https://tour.ShowcasePhotographers.com/index.php?sbo=ot2608121
© 2026 Listings courtesy of RealTrac as distributed by MLS GRID. All Rights Reserved.
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs