Demonstrated Revenue Growth: The property is generating increasing year-over-year revenue, signaling operational momentum and strengthening market positioning. Buyers are stepping into a business with proven demand – not an uphill battle.
Attractive 3.50x Room Revenue Multiple: Offered at just 3.50x Room Revenue, the asset presents a compelling basis relative to recent comparable sales. This pricing allows room for upside while maintaining conservative entry metrics for SBA and conventional buyers.
Minimal Change-of-Ownership PIP: The brand-imposed change-of-ownership PIP is limited in scope, reducing upfront capital expenditures and preserving liquidity post-acquisition. Post PIP QA Scores came back at 88.1% post PIP inspection.
Strategic Retail Corridor Location: Positioned within Johnson City’s primary commercial corridor, the property benefits from proximity to national retailers, dining destinations, and healthcare facilities. Immediate access to Interstate 26 enhances visibility and accessibility for both transient and corporate travelers.
Strong Market Fundamentals: Johnson City is the economic and educational anchor of Northeast Tennessee, with a growing population, diverse economic base, and robust healthcare and education sectors.
SBA 504 Loan Eligible: The property qualifies for SBA 504 financing, offering buyers attractive leverage and favorable loan terms.
Recent and Planned Renovations: Built in 1997 with a planned renovation in 2025, ensuring competitive positioning and compliance with brand standards.
Midscale Brand Affiliation: Quality Inn is a recognized national brand, supporting consistent demand and operational stability.