2940 Mt. Moriah Road
Memphis, TN 38117 ·
194 Rooms · Hotel & Motel For Sale
*Lender Liquidation* GOVERNOR'S INN & SUITES
|No. Rooms||194||No. Stories||4|
|Building Size||107,130 SF||Year Built||1974|
|Property Type||Hotel & Motel||Corridor||Interior|
|Property Sub-type||Full Service||Lot Size||3.35 AC|
|Property Use Type||Investment|
|Listing ID: 17055532||Date Created: 03/07/2011||Last Updated: 01/26/2012|
*Lender*Liquidation*Lender Financing Available***
Terms: 35% down; 7% simple interest with 3 year term: principle and interest payments monthly with 20yr amort.
The Hotel is a U-shaped structure consisting of a four-story building. Amenities include 194 guest rooms, full-service restaurant and lounge, an outdoor swimming pool, fitness facility and approximately 4,421 square feet of meeting space. The Property is situated on approximately 3.35 acres and has a building size of approximately 107,130 square feet. The Hotel was built in two phases in 1974 and 1982.
List price is sold "As Is" no contingencies, buyer to verify sizes & data. See Terms & conditions. Financing available to qualified buyers. Call Tony DRE#01248708
The Governor' s Inn & Suites is conveniently located in the heart of East Memphis in the southeast quadrant of the intersection of Intersection 240 and Mt. Moriah Road.
- FINANCING AVAILABLE - CALL FOR DETAILS
- BUILT 1974 & 1982
- Restaurant 96 seat capacity & 22 seat capacity Lobby
- Appro. 4,500SF of meeting space
- Great REVPAR upside & potential
2940 Mt. Moriah Road, Memphis, TN 38117 (Shelby County)
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3896 Lamar Ave
Memphis, TN 38118
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87,000 SF Building
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