115 Liberty Branch Ln, Athens, TN 37303

105-Unit Extended Stay Asset | Fully Renovated | I-75 Corridor | Conversion-Ready

Marketing Description

Fully Renovated Extended Stay | 105 Units | I-75 Location | Turnkey Conversion Opportunity

Property Description

HomeTowne Studios by Red Roof in Athens, TN is a 105-unit extended stay asset that has been fully gutted and renovated, presenting a near turnkey opportunity for continued extended stay operations or apartment conversion.

The property features exterior corridor units and newly completed renovations, including the addition of kitchenettes, positioning the asset for long-term residential use. Renovations are scheduled to be completed by September 2025, delivering a fully modernized product aligned with workforce housing demand.

Each unit is designed for extended stay functionality, including in-unit kitchenettes, Wi-Fi, and on-site laundry—features that translate directly into studio apartment conversion with minimal additional capital.

Strategically located just off I-75 between Knoxville and Chattanooga, the property benefits from strong regional connectivity and consistent demand drivers, including medical, industrial, and service-based employment sectors.

With full renovations underway, zoning flexibility, and built-in extended stay infrastructure, this asset offers a rare opportunity to acquire a stabilized, conversion-ready property in a growing East Tennessee corridor.

Investment Highlights

• 105 Units
• Fully Gutted & Renovated (Completion September 2025)
• Exterior Corridor Layout
• Kitchenettes Installed (Conversion-Ready Units)
• Located Directly off I-75
• Positioned Between Knoxville & Chattanooga
• Extended Stay Infrastructure In-Place
• On-Site Laundry & Wi-Fi
• Conversion to Studio Apartments or Continued Extended Stay
• Strong Workforce Housing Demand in Region