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Hotel-Motel

SpringHill Suites Memphis

2800 New Brunswick Rd, Memphis, TN 38133

Listing Price: $7,750,000

Cap Rate
8.99%
Number of Rooms
79
RevPAR
$86
Price/Room
$98,101
Year Built
1998

Investment Overview

Marcus & Millichap is pleased to offer a fee simple interest in the 79-unit SpringHill Suites located in Memphis, Tennessee. The subject property is strategically located near Interstate-40, providing ease of access and high visibility.

Investment Highlights

  • Fee simple interest in the 79-unit SpringHill Suites located in Memphis, Tennessee
  • Strategically located near Interstate-40, providing ease of access and high visibility
  • Adjacent to Wolfchase Galleria, the largest shopping mall in Memphis with retail, dining, and entertainment options including Macy's, Dillard's, Ruby Tuesday, and Malco movie theater
  • FedEx Headquarters are just 20 miles away with over 30,000 local employees

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Hotel-Motel

SpringHill Suites Memphis

Listing Price: $7,750,000

Cap Rate
8.99%
Number of Rooms
79
RevPAR
$86
Price/Room
$98,101
Year Built
1998

Investment Highlights

  • Fee simple interest in the 79-unit SpringHill Suites located in Memphis, Tennessee
  • Strategically located near Interstate-40, providing ease of access and high visibility
  • Adjacent to Wolfchase Galleria, the largest shopping mall in Memphis with retail, dining, and entertainment options including Macy's, Dillard's, Ruby Tuesday, and Malco movie theater
  • FedEx Headquarters are just 20 miles away with over 30,000 local employees

Investment Overview

Marcus & Millichap is pleased to offer a fee simple interest in the 79-unit SpringHill Suites located in Memphis, Tennessee. The subject property is strategically located near Interstate-40, providing ease of access and high visibility.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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