Hotel For Sale

Highlights:

• 93-room, 4-story hotel on 1.85 AC
• Situated along Highway 385
• Located less than 20 miles from Memphis International Airport
• Just one mile from the FedEx International Headquarters & near the Southwind corporate area
• Amenities include an on-site restaurant, indoor pool, on-site parking, business services center, fitness center

Description:

Hilco Real Estate is pleased to present this 93-room Four Points by Sheraton located in Southwind, a neighborhood in the southeastern portion of Shelby County, TN and part of the Memphis metropolitan area.

Historical Revenues:

2019: $2,434,787 (69% Occ)
2021: $2,398,207 (66% Occ)
2022: $2,708,621 (73% Occ)

Memphis is a city on the Mississippi River in southwest Tennessee, famous for the influential strains of blues, soul and rock ‘n’ roll that originated there. Elvis Presley, B.B. King and Johnny Cash recorded albums at the legendary Sun Studio, and Presley’s Graceland mansion is a popular attraction. Other music landmarks include the Rock ‘n’ Soul Museum, Blues Hall of Fame and Stax Museum of American Soul Music. More than just music, downtown Memphis features 30+ museums, galleries, and other attractions, including the National Civil Rights Museum and the Metal Museum. From historical sites to natural wonders, and vibrant nightclubs to quiet walking tours, this wonderfully diverse city has a little something for tourists and locals alike.

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