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Courtyard Memphis East Bill Morris Parkway 3076 Kirby Pky 96 Room Hotel Memphis, TN 38115 For Sale
INVESTMENT HIGHLIGHTS
- Fee simple interest in the Courtyard by Marriott East/Bill Morris Parkway
- Recent full-property renovation completed in 2024
- Offered unencumbered by management & debt
- 96-room, three-story hotel on 0.28± AC
- Roughly 630± SF of meeting space
EXECUTIVE SUMMARY
Hilco Real Estate Sales is excited to bring this Courtyard by Marriott hotel to market for sale. This full-service 96-room hotel, renovated
in 2024, is ideally positioned just minutes from Germantown, a rapidly growing suburb of Memphis. Located off of Route 385 and I-240 in East Memphis, TN, it is perfect for business and leisure travelers, offering easy access to key destinations such as Memphis International
Airport, FedEx Headquarters and International Paper.
in 2024, is ideally positioned just minutes from Germantown, a rapidly growing suburb of Memphis. Located off of Route 385 and I-240 in East Memphis, TN, it is perfect for business and leisure travelers, offering easy access to key destinations such as Memphis International
Airport, FedEx Headquarters and International Paper.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 96 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1998/2005 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.57 AC | Parking Ratio | 2.9/1,000 SF |
| Building Size | 51,804 SF | Corridor | Interior |
| Zoning | CMU-2 - Hotel | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.57 AC |
| Building Size | 51,804 SF |
| No. Rooms | 96 |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2005 |
| Tenancy | Single |
| Parking Ratio | 2.9/1,000 SF |
| Corridor | Interior |
| Zoning | CMU-2 - Hotel |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 3 | $132.00 | - |
| Guest Room | 93 | $114.00 | - |
PROPERTY TAXES
| Parcel Number | 09-3200-0-0414 | Improvements Assessment | $1,190,080 |
| Land Assessment | $249,920 | Total Assessment | $1,440,000 |
PROPERTY TAXES
Parcel Number
09-3200-0-0414
Land Assessment
$249,920
Improvements Assessment
$1,190,080
Total Assessment
$1,440,000
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Courtyard Memphis East Bill Morris Parkway | 3076 Kirby Pky
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