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Turnkey 21-Room Motel & Investment OpportunityThis well-maintained, recently updated 21-room motel offers a turnkey hospitality investment in the increasingly popular Dale Hollow Lake and Byrdstown, Tennessee area. The property provides multiple opportunities for maximizing profitability, with an on-site owner’s apartment that can be used as a residence or rented separately for additional income.Historically, the property has generated approximately $220,000 in average annual net income, with owners who live off-site and utilize management services averaging approximately $40,000 in annual profit. Owner-operators who live on-site have the opportunity to further increase profitability by reducing management and staffing expenses.Located directly on Highway 111, the property is strategically positioned as the only motel along Highway 111 for approximately 20 miles in either direction, providing excellent visibility and limited direct competition. With Dale Hollow Lake continuing to attract visitors for boating, fishing, recreation, and tourism, this property presents an excellent opportunity for an investor or owner-operator seeking an established hospitality business with additional income potential.
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