INVESTMENT HIGHLIGHTS

• Fee simple interest in the 115-unit, Red Rood Inn Johnson City, located in Johnson City, Tennessee
• Interstate location just minutes from all major demand generators including hospitals, universities, golf courses, shopping centers, restaurants Johnson City Medical Center, 3.4 miles away, is a 455-bed medical center and a Level 1 trauma center
• East Tennessee State University, 4 miles away. enrolls more than 12,000 students and features a major medical school and teaching hospital
• Located nearBristol Motor Speedway which attracts more than 500,000 visitors to the region annually by hosting major NASCAR and NCAA sporting events
• The Johnson City region has added multiple new breweries in the past three years increasing leisure demand

INVESTMENT OVERVIEW

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 115-unit, Red Roof Inn Johnson City, located inJohnson City, Tennessee. The subject property is ideally located on 2.04 acresand features 2 floors of well maintained guest rooms. The property is beingoffered with a minimal property improvement plan for a new investor. Commonarea amenities include free on-site parking, complimentary coffee & tea in thelobby, outdoor gazebo, vending machines, daily housekeeping, and a fax/photocopy machines. Each guest room is equipped with free Wi-Fi, microwave, refrigerator, flat-screen TV, desk with chair, clothes rack and a clock radio.

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 isknown for outdoor activities at Winged Deer Park, which offers boating and discgolf, 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 amajor medical school and teaching hospital. The hotel is about 3.4 miles fromthe Johnson City Medical Center, 4 miles from East Tennessee State University, and less than 15 miles from Bristol Motor Speedway. Other attractions near thehotel include the Rocky Mount Museum, Jonesborough Historic District, and

Peerless shopping center.