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2490 Mount Moriah Rd
Memphis, TN 38115
Governor's Inn & Suites - Memphis · Hospitality Property For Sale · 107,130 SF

INVESTMENT HIGHLIGHTS

  • 11 miles from Downtown Memphis. 14.7 miles from Beale Street .
  • Large Banquet and Meeting Space of 9,000 sq. ft. One of the Largest Event Spaces in the Local Area
  • Excellent candidate Hotel for Multifamily Rezoning or Extended Stay Hotel Conversion or a Dual Brand Conversion
  • Centrally Located to All Demand Generators in Memphis. Large Banquet Space, Restaurant, and Commercial Kitchen.
  • Excellent Value add Opportunity. Multifamily Rezoning Opportunity.
  • Several National Franchise Brands Available for Conversion. Bank Financing Available.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.36 AC
Building Size 107,130 SF
No. Stories 4
Year Built 1974
Tenancy Single
Parking Ratio 3.27/1,000 SF
Corridor Interior
Zoning CMU-3 - Commercial Mixed Use

AMENITIES

  • Fitness Center
  • Restaurant
  • Shuttle Service
  • Meeting Event Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-4090-0-0107
Land Assessment
$236,120
Improvements Assessment
$720,120
Total Assessment
$956,240
  • Listing ID: 32518995

  • Date on Market: 7/19/2024

  • Last Updated:

  • Address: 2490 Mount Moriah Rd, Memphis, TN 38115

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