 August
19, 2010 - Warmbrodt Hotel Investments, Inc. ("WHI") has been retained
as the Exclusive Agent to advise in the sale of the Value Place Extended
Stay Hotel located in Murfreesboro; part of the greater Nashville, Tennessee
MSA. The Property is located at 157 John R. Rice Boulevard, within one
block of the Interstate 24 and Franklin Road Interchange. The location
has excellent visibility and is proximate to major demand generators such
as Middle Tennessee State University, with an enrollment in excess of 23,000;
State Farm; General Mills/Pillsbury Company; Johnson Controls; Alvin C.
York VA Medical Center and Verizon. The Nissan North America Assembly Plant,
which has just started a 24 month expansion and re-tooling, is within a
15 minute drive from the Property.
The 121-suite, four story, interior corridor hotel opened in April 2008 and offers double and single suites with kitchens containing refrigerator, two burner cook tops, microwave, 27 inch televisions, wireless internet , motion detector controlled PTAC units, and guest laundry facility. The property offers code compliant safety equipment including sprinklers, smoke detectors, emergency lighting and fire panel. The property represents an excellent acquisition opportunity for a local, regional, or national investor, to acquire a well located asset, in excellent condition, with pricing substantially below replacement cost.
Contact us directly at 913-381-3737 or visit our website www.whikc.com to learn how our years of experience and specialized services can help meet the needs of your business goals. For more information regarding the Value Place Extended Stay Hotel, please contact Herb Warmbrodt, [email protected] or Zane Varvel, [email protected] at 913-381-3737. |