Hospitality

TownePlace Suites Nashville

1500 Charlotte Avenue, Nashville, Tennessee

Overview

Acquisition Date
December 2025
Constructed
2021
Keys
193
Site Acreage
0.8 Acres
Parking
1.03 per room
Amenities
Restaurant with bar with patio, deck with grilling stations, fitness center, meeting facilities
General Manager
Property Management
Island Hospitality

Property Description

Bradford Allen acquired the TownePlace Suites Nashville Midtown in December 2025 for $57.8M. Opened in April 2021, the 193-room, 10-story select-service hotel earned Marriott’s Best Project Award in 2022. The property is situated on 0.8 acres along Charlotte Avenue, a main thoroughfare connecting the West End to Downtown Nashville. The property is ideally located nearby various major demand drivers like Vanderbilt University, HCA, Bridgestone Arena, the Music City Center (convention center), Lower Broadway, the new Nashville Yards mega-development, and various major regional medical centers like Vanderbilt and St. Thomas. The 5th floor sky lobby features a full bar and restaurant with outdoor seating overlooking the Nashville skyline. The ground floor includes a Subway and Takumi, the second location of a popular local Japanese restaurant that opened in May 2026 and pays $30 PSF.

The hotel has demonstrated strong and improving operational performance. The hotel is managed by Island Hospitality.

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