In Brief: Huff, Niehaus has announced the sale of the Quality Inn in Clarksville, Tennessee, signaling continued transactional activity and asset turnover in regional hotel markets.
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Quality Inn in Clarksville, Tennessee – Image Credit Hotel Brokers International
Huff, Niehaus & Associates, Inc., a member of Hotel Brokers International, is pleased to announce the successful sale of the Quality Inn Exit 4, located at 3095 Wilma Rudolph Boulevard in Clarksville, Tennessee, to In-N-Out Burger.
The 6.26-acre property, prominently located at Interstate 24 Exit 4, has been acquired by In-N-Out Burger to develop a new restaurant location and two future restaurant/retail establishments.
The Quality Inn Exit 4 was a 143-room full-service hotel situated in one of Clarksville’s most established hospitality and commercial corridors. Its highly visible location along Wilma Rudolph Boulevard and immediate proximity to I-24 made the property an attractive redevelopment opportunity. Brandt Niehaus, Principal Broker of Huff, Niehaus & Associates, Inc., represented the seller in the transaction.
“This was a unique opportunity to transition a well-established hotel property into a significant new commercial development,” said Niehaus. “The Quality Inn’s location at Exit 4, with its excellent visibility and accessibility, made it an exceptional redevelopment site. The sale demonstrates the continuing demand for strategically located commercial real estate in Clarksville, one of Tennessee’s fastest-growing markets.”
About Huff, Niehaus & Associates, Inc.
Founded in 1975, Huff, Niehaus & Associates, Inc. is a hospitality real estate brokerage specializing exclusively in hotels and lodging investment properties. With decades of experience, the firm has represented hotel owners, investors, lenders, REITs, and developers in the acquisition and disposition of over $1 billion of hospitality assets nationwide. Services include investment sales, Broker’s Opinions of Value, consulting, development advisory, and hospitality market analysis. To learn more, visit huffniehaus.com.
About Hotel Brokers International
Founded in 1959, Hotel Brokers International (HBI) is the hospitality industry’s most established and experienced network of hotel real estate professionals. With more than 11,000 successful hotel transactions, HBI members are recognized leaders in hotel brokerage, investment advisory, and market insight. HBI is the founder and administrator of the Certified Hotel Broker (CHB) Program—the only professional designation specifically for hotel brokers. In addition to brokerage services, HBI offers affiliate membership opportunities for professionals in franchising, lending, appraisals, and investment services. To learn more, visit www.hbihotels.com.
For more information contact:
H. Brandt Niehaus – President/Principal Broker
Huff, Niehaus & Associates, Inc.
Louisville, Kentucky
502.254.7787
brandt@huffniehaus.com
Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri
816.505.4315
gwebb@hbihotels.com