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2855 Old Austin Peay Hwy
Memphis, TN 38128 Raleigh

Price Upon Request

Hotel For Sale  •  21,012 SF

Property Details

  • Property Type Hotel
  • Total Building Size 21,012 SF
  • Lot Size 1.23 AC
  • Building Class B
  • Year Built 2000
  • Tenancy Single
  • Zoning CMU-3
30 Transit Score
50 Walk Score

Highlights

Prime I-40 corridor location in Northeast Memphis for steady logistics and commercial demand.
Deflagged in January 2025—full franchise flexibility with potential incentives from Wyndham, Choice, Best Western Hotels, Sonesta, or G6
Recent renovations 2023 and 2022
70-key, 3-story interior corridor with elevator, indoor pool (being reinstated), fitness, and business centers.
Full staff in place for easy absentee or remote ownership.
Strong value-add upside through rebranding, revenue management, and operational tweaks in a demand-rich market.

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Memphis International 22 min - 13.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 73
Type: Surface
Included in Rent: Yes
Suresh Patel 901-674-6105 Moon Realty USA, LLC
Suresh Patel 901-674-6105 Moon Realty USA, LLC