This Hotel & Motel Property is Off-Market.

8405 Goodman Road
Memphis, TN 38118 ·

104 Rooms · Hotel & Motel For Sale

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Holiday Inn Full Service - Land, Franchise package

Price N/A Property Sub-type
Full Service
More...
  • Economy/ Limited Service
No. Rooms 104 Property Use Type Investment
Building Size 67,000 SF Construction Status Under Construction/Proposed
Property Type Hotel & Motel Lot Size 3.25 AC
Listing ID: 15746669 Date Created: 06/06/2008 Last Updated: 05/20/2010

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.

Graceland (15 MI / 24.14 KM)
Snowden Grove Baseball Park (5 MI / 8.05 KM)
Downtown Memphis (20 MI / 32.19 KM)
Mike Rose Soccer Fields (9 MI / 14.48 KM)
Beale Street - Downtown Memphis (20 MI / 32.19 KM)
Convention Center / Pyramid -Fed Ex Forum Memphis (20 MI / 32.19 KM)
University of Memphis (16 MI / 25.75 KM)
Autozone Park - Downtown Memphis (20 MI / 32.19 KM)
National Civil Rights Museum - Memphis, TN (16 MI / 25.75 KM)
Liberty Land / Mid South Coliseum - Memphis, TN (15 MI / 24.14 KM)
Memphis Zoo (17 MI / 27.36 KM)
Pink Palace Museum - Memphis, TN (15 MI / 24.14 KM)
Sun Studio - Memphis, TN (15 MI / 24.14 KM)
Casinos - Tunica, MS (35 MI / 56.33 KM)
Cherokee Valley Golf Course (3 MI / 4.83 KM)

Research

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

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