Economy Hotel Portfolio - Tennessee

Two Properties | Memphis & Covington

CA & Due Diligence Access

Portfolio Overview

Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Portfolio - Memphis totaling 175 rooms. The properties are being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire a regionally concentrated hotels with existing in-place cash flow. The properties is located in the greater Memphis MSA.  

The properties in the portfolio are currently providing existing cash flow with ample room to grow at all properties. A new owner will have the opportunity to further drive revenue through a variety of strategies.

Portfolio Highlights

Two properties totaling 175 guestrooms

Independently branded economy hotels

Sold unencumbered of debt & management
Discount to replacement cost

In-place cash flow

Brokerage Team

Keith Thompson

Keith Thompson

Principal - Hospitality Group
Avison Young
+1 404 307 5116
Christopher Kilcullen

Christopher Kilcullen

Senior Hospitality Broker
Avison Young
+1 303 250 8338
Matt Wilkins

Matt Wilkins

Senior Hospitality Broker
Avison Young - US - GA - Atlanta
GA 373379
7062808020
Jeremy Cabe

Jeremy Cabe

Associate Broker / Marketing
Avison Young - US - GA - Atlanta
478-394-2990