Cannon Inn and Suites
Woodbury, TN
Offered for sale at $795,000
Turnkey, income-producing hospitality asset in Woodbury, TN — built for both cash flow and lifestyle flexibility.
This 10-room, 11-bath inn presents a rare opportunity to acquire a stabilized, low-operational-intensity business with strong fundamentals. The property is optimized for owner-operator efficiency, comfortably supporting a couple working part-time while maintaining consistent revenue.
Key investment highlights:
• Proven demand with 85%+ repeat guest rate
• Average guest stays of 3–7 nights, reducing turnover costs
• Minimal daily servicing requirements, lowering labor overhead
• Diverse, resilient demand mix: tourism, weddings, local business, and extended-stay guests
All rooms are fully furnished and designed for comfort and durability, featuring private baths, walk-in closets, 50” TVs, desks, and lounge seating. Downstairs rooms utilize PTAC systems for cost-effective, individualized climate control.
Revenue-driving layout includes:
• Six standard queen rooms
• One premium king suite with enhanced amenities (pull-out sofa, fireplace, dining space)
• One double-queen suite with extended-stay appeal
• Two fully renovated king suites upstairs (currently generating stable monthly rental income)
The upstairs suites also provide optional on-site owner’s quarters, offering built-in housing without sacrificing revenue potential.
Guest amenities are intentionally structured to maximize satisfaction while minimizing staffing needs:
• Centralized self-service stations (coffee, snacks, refrigeration)
• Multiple shared living spaces to enhance guest experience without additional labor
• Outdoor gathering areas including covered patio, gazebo, and fire pit — increasing perceived value and guest retention
Strategic location supports year-round occupancy:
• 1 mile from a high-traffic wedding venue
• Proximity to multiple regional attractions, including distilleries, state parks, and caves
• Positioned between Murfreesboro and McMinnville, capturing both local and pass-through demand
This asset benefits from a strong base of repeat guests, steady extended-stay occupancy, and a reputation that reduces reliance on heavy marketing spend.
For investors seeking a hospitality asset with consistent cash flow, low staffing requirements, and optional owner occupancy, this property represents a compelling, lifestyle-aligned investment with immediate income potential and long-term upside.
Property Details- 10 Guest Rooms
- 11 Guest Room Baths
- Has Owner's Quarters
- Last Renovated in 2025
- Opened in 2004
- Building is 5,500 SQFT
- Lot is 1 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at $795,000
- Occupancy Rate: 60%
- Average Daily Rate: 99
- Annual revenue is $175,000
- Terms: Cash
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