Historical Hotel & Motel Sale Listing - Holiday Inn Full Service - Land, Franchise package

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Holiday Inn Full Service - Land, Franchise package

8405 Goodman Road, Memphis, TN 38118

N/A

104 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
104
Building Size:
67,000 SF
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Additional Sub-types:
Economy/ Limited Service
Property Use Type:
Investment
Construction Status:
Under
Construction/Proposed
Lot Size:
3.25 AC
Listing ID
15746669
Last Updated
over 1 year ago

Description

Approved Franchise (Fee paid), Land (3.25 acres), and Stamped Architectural plans package for sale. Bring your own builder or the Seller will build it for you for $8.5m Turn-key in addition to the land/franchise package.

New Turn-key Full Service Holiday Inn "Balance" Prototype. High RevPAR Olive Branch market (5 miles south of Memphis, TN). The only full service hotel in the market, and the only hotel with indoor pool. Projected Gross Room Revenue $2.7m plus Food & Beverage. New Fedex Ground Distribution Hub nearby.

Goodman Rd & Highway 78, across from Super-Walmart and Home Depot, excellent visibility from Highway 78.

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Map of 8405 Goodman Road, Memphis, TN 38118 (Shelby County)

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