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Contact info

• 423-534-6250 [Office] 

Description

Fully renovated Feb. 2012. Complete renovation which included FF&E, soft goods, 37" flat panel TV's,new signs, new granite vanities, new granite topped furniture and much more. Beautifully renovated 4000 sf banquet hall as well. No PIP anticipated. 5K transfer fee to BW. Upgraded to plus designation. Property did $1.5m rr 2011 inspite of year long demo and reno going on. Projected to do 1.7m this year. Property comes with upscale Asian/Thai restaurant with 10 year lease and pays 4k per month as well! Property will stabalize at 2m rr. Will do owner financing with 30% down. Serious inquiries only. Please do not contact staff. Right off I-26 with full visibility from interstate. Johnson City is part of Tri-Cities, VA and TN and is vibrant and booming. Building price details: $4,950,000.

Property Details

• Type: Hotel & Motel
• Use Types:Hotel
• Status: Available
• Year Renovated: 2012
• MSA: Johnson City
• Buildings: 1

Terms

• Owner Financing 

Map Locations