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Executive Summary

MEMPHIS AIRPORT INN 283 SLEEPING ROOMS...APPROXIMATELY
125 ROOMS RENOVATED .THE HOTEL IS OPEN AND OPERATING WITH
CASH FLOW. GREAT LOCATION- ONE MILE NORTH OF AIRPORT AND
ELVIS GRACELAND ALSO LOCATED AT THE I-55 EXIT TO ATTRACTTRAVELERS!!
POTENTIAL FULLY RENOVATED VALUE ACCORDING TO LAST REPORT $11M
RECENT EXTERIOR RENOVATION, RENOVATED LOBBY
MAKE OFFER !!!

Property Facts

Price $4,500,000
Price Per Room $33,088
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 136
No. Stories 4
Year Built/Renovated 1968/1985
Parking Ratio 2/1,000 SF
Corridor Interior
Zoning EMP

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 136 $92.00 -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
07-8003-0-0001C
Land Assessment
$282,000
Improvements Assessment
$485,320
Total Assessment
$767,320
  • Listing ID: 40419810

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 1441 E Brooks Rd, Memphis, TN 38116

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