This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Hospitality Property is no longer advertised on LoopNet.co.uk.

15220 Highland Dr
Mc Kenzie, TN 38201

Relax Inn · Hospitality Property For Sale · 19,691 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.90 AC
Building Size 19,691 SF
Number of Floors 1
Year Built/Renovated 1961/2016
Parking Ratio 2.29/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wi-Fi

About 15220 Highland Dr , Mc Kenzie, TN 38201

"OPERATING MOTEL" The only location left in McKenzie on a corner with a stop light! 1.9 acre tract with 440' of hwy 79 frontage. The property has a operating Motel which has extensive recent upgrades. 44 Rooms with 35 in use. Selling for the Estate of the present Owner! GREAT SPACE TO DEVELOP! This motel has no numbers that can be used for a lender! The Owner has been deceased for over two years, I am working for his Estate. The Owner was in the process of renovating the Motel and after his death two of the workers stayed on, (live at the Motel and rent enough rooms to cover expenses), since they have not cost the Estate anything they let them stay. We only have one other Motel in McKenzie, a Best Western and we have a University in town so the need for a second Motel is great. Iā€™m selling the location, last location in town with a stoplight. McKenzie has population of 5500 + another 1,200 students at Bethel University. There is 440ā€™ of Hwy 79 frontage and that frontage sells for $1,200 per foot, also the corner lot with stoplight would add value.REDUCED FROM $535,000 8/08/18 NOTE TO BROKERS: THE BROKER THAT BRINGS A CASH BUYER FOR THIS LISTING WILL GET A 5% COMMISSION! Thanks, Roger 731-415-3898

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
016D-B-001.00
Land Assessment
£36,119
Improvements Assessment
£71,921
Total Assessment
£108,040

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 12765503

  • Date on Market: 05/06/2018

  • Last Updated:

  • Address: 15220 Highland Dr, Mc Kenzie, TN 38201

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}