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29834804
31561748

4300 American Way, Memphis, TN 38118

RR
GA 365267
Numarix
Listed by Numarix
$4,500,000
622 days on market
Updated 29 days ago

Home 1 Extended Stay Hotel - Memphis - TN

Details
Property Type Hospitality
Sub Type Hotel
Keys 120
Stories 3
Acreage 2.210

Hospitality | 120 Keys

Marketing description

Hotel performing at high occupancy without any major brand affiliation. Home 1 Extended Stay Hotel in Memphis TN Hotel has Kitchenettes: Microwave, two burner stove top, and refrigerator. Security 24 Hour, Guest Laundry Room, Free High Speed Internet and many other amenities. Several National Franchise Conversion Brands Available. Great upside potential for Owner Operator. Brand New Roof with Warranty Installed May 2018.

Home 1 Extended Stay Suites - Memphis is located near close proximity all demand generators. Stax Museum of American Soul Music is 7 miles from the hotel. Brown Park is 8 miles from Home 1 Extended Stay, while Sun Studio is 8 miles away. The nearest airport is Memphis International Airport, 3.7 miles from the property.

Location Highlights

1. Proximity to Key Highways: Conveniently located near Interstate I-240, providing easy access to major routes in and out of Memphis. Close to Interstate 40, connecting clients to the broader region.

2. Nearby Attractions:

Pink Palace Museum - 4.1 miles

Memphis Museum - 4.2 miles

Elvis Presley's Graceland - 6 miles

Memphis Brooks Museum of Art - 6 miles

Liberty Bowl Memorial Stadium - 6 miles

Graceland - 8 miles
Memphis Zoo - 8 miles
3. Access to Dining and Shopping: American Way - less than a mile and Southland Mall - 10 miles
4. Proximity to Memphis International Airport: Only 7 miles from the hotel.
5. Business and Industrial Hubs: Located near several business parks and industrial areas. FedEx Headquarters - 13 miles
6. Public Transportation: Easily accessible by public transit, with bus stops located within walking distance.
7. Healthcare Facilities: Regional One Health - 9 miles
8. Cultural and Entertainment Venues: Beale Street - 10 miles and National Civil Rights Museum - 12 miles

Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

Investment highlights

  • Rooms: 120 Rooms

  • Exterior Corridor

  • Lot Size: 2.21 acres

  • 3 Stories

  • Roof was Replaced in 2018

  • Bank Financing Available

  • This Facility has also a Licensed Convenience Store located inside of the Hotel which produces Additional Income Stream

Listing Contacts

RR
GA 365267
Numarix
Listed by Numarix

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