The TownePlaces Suites is a proposed 5-story, 96-room, extended-stay lodging facility that will offer amenities including approximately 391 square feet of meeting space, a complimentary breakfast, an outoor swimming pool, a fitness center, a business center, fully equipped kitchens, a guest laundry room, a sundries shop, vending and ice machines, a BBQ grill area, and complimentary Wi-Fi. The proposed subject site sits along the south side of US Highway 441 and is bound on the south by Fiddler Road. The subject site is setback roughly 380 feet south of US Highway 441 and two parcels sit between the subject site and US Highway 441. The east parcel is improved with a Culver's restaurant and the west parcel is improved with a United Southern Bank branch.
Investment Highlights
Affiliation with TownePlace Suites, by Marriott.
Newly constructed facilities upon completion.
The proposed subject property will have good access and visibility from Fiddler Road and good access with average visibility from US Highway 441.
The proposed subject's competitive market area is characterized as a commercial, retail, and
residential support district.
Location Summary
The proposed subject site sits along the south side of US Highway 441 and is bound on the south by Fiddler Road. The subject site is setback roughly380 feet south of US Highway 441 and two parcels sits between the subject site and US Highway 441. The east parcel is improved with a Culver's restaurant and the west parcel is improved with a United Southern Bank branch.
