Hospitality Group

Avison Young Lists MainStay Suites - Clarksville, (Fort Campbell), TN

MainStay Suites TN Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the MainStay Suites Fort Campbell Clarksville (hereinafter "Property," or "Hotel"), an extended stay hotel located in Clarksville, Tennessee.

The MainStay Suites Fort Campbell Clarksville is situated on Fair Brook Place off Wilma Rudolph Boulevard, just off Interstate 24. Downtown Clarksville and Austin Peay State University are seven miles from the Property. The Hotel is within walking distance to Logan's Roadhouse, Walmart, Applebee's, Shoney's, Panera Bread, and several fast food restaurants. Local attractions include Beachhaven Vineyards and Winery, the Historic Collinsville Living History Museum, Governor's Square Mall, and Fort Campbell. Local businesses near the Hotel include Florim USA, Letica Corp., Trane, and a variety of military contractors.

The Property is a four-story, interior corridor hotel which opened in March of 2009. The Hotel has a lobby, reception and breakfast area, guest laundry facilities, business center, an indoor pool, whirlpool, fitness center, meeting space, sundry shop, and hotel-wide WiFi Internet access. The Property offers 93 nonsmoking guestrooms offering both king and queen beds that include flat-screen televisions, coffee maker, and a pull-out sofa. MainStay Suites standard amenities provided in all guestrooms. 

Property Highlights

  • 93 non-smoking suites
  • Four-story, interior corridor building
  • An all suite hotel with kitchens and pull out sofas
  • Near local area businesses such as Florim USA, Letica Corp., Trane, and Fort Campbell

Upside Potential

There are a number of compelling aspects to this investment opportunity, which should provide a significant increase in value for an investor, and are as follows:

  • Possible conversion opportunity
  • Upward trending revenues
  • Offered below replacement cost 

Financial Highlights

Price - $6,500,000

Price per Key - $69,892

Number of Rooms - 93

For more information on this listing, contact Niven Patel at  813.841.0336 or niven.patel@avisonyoung.com

published: 10-05-2017

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