618 N 22nd Avenue, Humboldt, TN 38343
sale
$1,299,000
|
Other
Courtesy Of Southern Lifestyle Properties
Welcome to the Regal Inn Motel, a well-performing hospitality property in the heart of Humboldt, Tennessee. With 53 rooms, this established motel is already generating strong revenue and offers substantial upside for investors seeking growth potential. Its prime location along Highway 79 provides excellent visibility and traffic, making it an ideal opportunity for both owner-operators and franchise conversion. The property offers a variety of accommodations, including full, queen, double-bed rooms, and suites, each featuring a full-size refrigerator, microwave, and private bathroom-a highly sought-after amenity mix for both short-term travelers and long-term guests. The motel currently operates with daily, weekly, and monthly rental options, ensuring steady occupancy and income streams. An owner's suite located next to the office with a full kitchen makes on-site management easy and convenient. For those looking to expand revenue, the property also includes a spacious storage area that was once a restaurant, which could easily be converted into additional guest amenities, dining, or rental space. With its strong performance, prime location, and future development potential, the Regal Inn Motel is a rare investment opportunity in West Tennessee's hospitality market.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Wall Unit(s)
- Exterior Type: Block
- Floor Covering: Vinyl
- Floor Covering: Tile
- Floors: 2
- Heating System: Electric (Heating)
- MLSID: 2504767
- Parking Spaces: 40
- Roof Type: Flat
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