The property has an address of
1404 Dickerson Pike and accommodates a building last home to 1950s-built Metro Motel (variously called The Villa Inn).
The new owner of the 0.62-acre property is an LLC that includes Tyler Cauble, founder of locally based The Cauble Group and Parasol Management. The seller was Howdy Hospitality, which paid $873,000 for the property in mid-2019, according to Metro records. Neither party used a broker in the deal, Cauble said.
The transaction follows a January deal in which the same LLC paid $3.8 million for a 2.97-acre unimproved adjacent property with a placeholder address of 0 Dickerson Pike (read more