Marcus & Millichap is pleased to offer for sale a fee-simple interest in the 91-key Baymont Inn & Suites by Wyndham located in Johnson City, Tennessee. This well-appointed hotel was constructed in 1975 and is being offered well below replacement costs with the ability to retain the current franchise. In 2018 the owners removed the wallpaper and painted all the rooms, replaced the carpets in all guestrooms, lobby, and meeting room. The current guestrooms include updated flat-screen HDTV’s, desk, coffee maker, ironing amenities, and hair dryer. The Baymont amenities include complimentary breakfast, Wi-Fi, parking, and an outdoor pool as well as a fitness center. The hotel also features 1000 square feet of event space, which includes 1 meeting room that can accommodate 75 guests. The Baymont Inn & Suites Johnson City hotel near Bristol Motor Speedway is conveniently located on Route 19 West.
Nestled in the foothills of the scenic Appalachian Mountains, Johnson City, Tennessee combines big-city amenities, small-town Southern charm, and world-class outdoor recreation. Johnson City is known for outdoor activities at Winged Deer Park, which offers boating and disc golf, and Buffalo Mountain Park, with trails and sweeping views. Johnson City is the home of East Tennessee State University, a school of 12,000 students and a major medical school and teaching hospital. The hotel is about 4 miles from the Johnson City Medical Center, 5 miles from East Tennessee State University, and less than 15 miles from Bristol Motor Speedway. Other attractions near the hotel include the Rocky Mount Museum, Jonesborough Historic District, and Peerless shopping center.