Description

Cushman & Wakefield’s Hospitality Group has been engaged to market for sale the fee simple interest in the 55-room Haven Extended-Stay Motel located in Newport, Tennessee. This two-story extended-stay hotel sits directly off Interstate-40 and Cosby Highway, offering strong visibility and easy accessibility. The property provides several value-add opportunities, such as repositioning, enhancing amenities and features, and expanding marketing efforts. The Haven Motel represents an attractive investment opportunity to acquire a 55-room independent asset with steady operations, low overhead, and a consistent income stream.