ATLANTA—Hunter Lodge Advisors (“HUNTER”) immediately introduced the profitable sale of the TownePlace Suites Knoxville Cedar Bluff. A neighborhood investor bought the property on December 3, 2024. HUNTER’s Tim Osborne, senior vice chairman, represented the institutional vendor.
Positioned off the I-75 & I-40 connector, the TownePlace Suites Knoxville Cedar Bluff is strategically positioned in a distinguished industrial and retail hall that includes entry to locations together with Downtown Knoxville, the College of Tennessee—house to over 30,000 college students, Neyland Stadium and Thompson-Boling Area. Knoxville serves as host to main companies resembling Clayton Properties, Pilot Company and Regal Cinemas, considerably contributing to the town’s financial development. Y-12 Nationwide Safety Complicated, Oak Ridge Nationwide Laboratory and Tennessee Valley Authority bolster the area’s Federal and State authorities presence.
The 97-key TownePlace Suites Knoxville Cedar Bluff presents comfy visitor rooms designed for consolation and productiveness, complemented by 24/7 entry to a health heart and an outside pool for visitors’ comfort.
“Knoxville is a high-growth market, and the client will renovate the property to essentially the most present TownePlace requirements to supply a newly aggressive prolonged keep product to seize the rising space demand,” mentioned Osborne.
