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Airport Inn 1441 E Brooks Rd 283 Room Hotel Memphis, TN 38116 $4,500,000 ($15,901/Room)
EXECUTIVE SUMMARY
HOTEL OPEN AND OPERATING...LISTED BELOW RETAIL...NEED COMPLETE REMODEL
LOCATED 1.2 MILES NORTH OF ELVIS GRACELAND AT I-55 INTERSECTION....MAKE OFFER
283 SLEEPING ROOMS
GRET POTENTIAL !!!
SEND YOUR OFFER TODAY...
LOCATED 1.2 MILES NORTH OF ELVIS GRACELAND AT I-55 INTERSECTION....MAKE OFFER
283 SLEEPING ROOMS
GRET POTENTIAL !!!
SEND YOUR OFFER TODAY...
PROPERTY FACTS
| Price | $4,500,000 | Lot Size | 5.79 AC |
| Price Per Room | $15,901 | Building Size | 75,096 SF |
| Sale Type | Investment | No. Rooms | 283 |
| Sale Condition | Deferred Maintenance | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 1968 |
| Property Subtype | Hotel | Parking Ratio | 2.21/1,000 SF |
| Building Class | C | Corridor | Interior |
| Zoning | EMP - Environmental Monitoring Program | ||
| Price | $4,500,000 |
| Price Per Room | $15,901 |
| Sale Type | Investment |
| Sale Condition | Deferred Maintenance |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.79 AC |
| Building Size | 75,096 SF |
| No. Rooms | 283 |
| No. Stories | 4 |
| Year Built | 1968 |
| Parking Ratio | 2.21/1,000 SF |
| Corridor | Interior |
| Zoning | EMP - Environmental Monitoring Program |
AMENITIES
- Restaurant
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 283 | $50.00 | - |
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PROPERTY TAXES
| Parcel Number | 07-8003-0-0001C | Improvements Assessment | $485,320 |
| Land Assessment | $282,000 | Total Assessment | $767,320 |
PROPERTY TAXES
Parcel Number
07-8003-0-0001C
Land Assessment
$282,000
Improvements Assessment
$485,320
Total Assessment
$767,320
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Presented by
Willoughby Realtors LLC
Airport Inn | 1441 E Brooks Rd
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