2 Locations

Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Tennessee Portfolio totaling 175 guestrooms. The Portfolio is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire a regionally concentrated Portfolio of economy hotels. The Portfolio contains two hotels in Tennessee and is comprised entirely of an independent brand. The pages that follow detail this exciting investment opportunity.

INDEPENDENT ECONOMY HOTEL PORTFOLIO

The Portfolio is comprised solely of independently branded economy hotels in Memphis and Covington, Tennessee.

UNENCUMBERED OF DEBT & MANAGEMENT

The Portfolio is being offered fully unencumbered of existing management or debt, allowing for a new owner to come in with fresh capital and an opportunity to retool the property-level operations.

DISCOUNT TO REPLACEMENT COST

Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects. Conversely, this portfolio is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.