- For Sale $2,900,000
- Property Type Other
- Units 175
- Date Updated May 15, 2026
Description
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.
Highlights
- Discount to replacement cost
- Independently branded economy hotels
- In-place cash flow
- Sold unencumbered of debt & management
- Two properties totaling 175 guestrooms
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Contacts
Mihir Chokshi
Avison Young
Matt Wilkins
Avison Young - US - GA - Atlanta
Location
Located at 3896 Lamar Ave, Memphis, TN 38118, this property is part of the Oakville neighborhood and Memphis market.
Contact Economy Hotel Portfolio - Memphis
