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Regency Inn & Suites 6315 Navy Rd 44 Room Hotel Millington, TN 38053 $1,190,000 ($27,045/Room)
Investment Highlights
- 51-room independent hotel with owner’s quarters
- Six kitchenette rooms + guest laundry for extended-stay demand
- Flexible for refresh or potential franchise conversion
- Just 5 minutes from Naval Support Activity Mid-South
- Employee-managed with clear owner-operator upside
- Diversified demand from military, contractors, airport & highway travelers
Executive Summary
51-room independent hotel with owner’s quarters located at 6315 Navy Road, Millington, TN 38053. Property sits in the Millington submarket of Metro Memphis, approximately 5 minutes from Naval Support Activity Mid-South.
Six guestrooms include kitchenettes; additional amenities include refrigerators, microwaves, guest laundry, free Wi-Fi, ample parking, and 24-hour front desk. Currently employee-managed, offering clear upside for an engaged owner-operator. Independent status provides flexibility for exterior/guestroom refresh, digital marketing improvements, or potential franchise conversion (subject to brand and municipal approvals).
Strong diversified demand base including military/contractor travel, airport and industrial activity, sports teams, families, and regional highway travelers. Building structure and roof reported in good condition.
Tours by appointment only.
Six guestrooms include kitchenettes; additional amenities include refrigerators, microwaves, guest laundry, free Wi-Fi, ample parking, and 24-hour front desk. Currently employee-managed, offering clear upside for an engaged owner-operator. Independent status provides flexibility for exterior/guestroom refresh, digital marketing improvements, or potential franchise conversion (subject to brand and municipal approvals).
Strong diversified demand base including military/contractor travel, airport and industrial activity, sports teams, families, and regional highway travelers. Building structure and roof reported in good condition.
Tours by appointment only.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,190,000 | Building Size | 20,816 SF |
| Price Per Room | $27,045 | No. Rooms | 44 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1987/2004 |
| Property Subtype | Hotel | Parking Ratio | 2.4/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.45 AC | Opportunity Zone |
Yes
|
| Zoning | CL | ||
| Price | $1,190,000 |
| Price Per Room | $27,045 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.45 AC |
| Building Size | 20,816 SF |
| No. Rooms | 44 |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2004 |
| Parking Ratio | 2.4/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | CL |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $90.00 | - |
| Guest Room | 38 | $57.00 | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | D0-116D-C0-0004 | Improvements Assessment | $338,200 |
| Land Assessment | $76,640 | Total Assessment | $414,840 |
Property Taxes
Parcel Number
D0-116D-C0-0004
Land Assessment
$76,640
Improvements Assessment
$338,200
Total Assessment
$414,840
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Regency Inn & Suites | 6315 Navy Rd