6520 Mount Moriah Road | Memphis, TN 38115
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- LoopNet Team
6520 Mount Moriah Road
Memphis, TN 38115
ESA Mt Moriah Memphis TN · Hospitality Property For Sale
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30,850 SF
Investment Highlights
- Fee-simple interest in the corporate-owned and corporate-managed, 104-room Extended Stay America (ESA) Memphis Mt. Moriah.
- Ability to purchase any combination of the 20 assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
- Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
- Tours Available July 13 & 14. Available for individual sale as part of a larger 20-property portfolio in the July 26th and July 27th auction events.
- Strong in-place performance with trailing-24-month year-over-year average ADR gains of +21%.
- Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.
Property Facts
| Sale Condition | Auction Sale | No. Stories | 3 |
| Type of Ownership | Fee Simple | Year Built/Renovated | 1999/2005 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.89/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.74 AC | Parcel Number | 09-3204-B0-0003C |
| Building Size | 30,850 SF | ||
| Zoning | CMU-2 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.74 AC |
| Building Size | 30,850 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2005 |
| Tenancy | Single |
| Parking Ratio | 3.89/1,000 SF |
| Corridor | Interior |
| Zoning | CMU-2 |
| Parcel Number | 09-3204-B0-0003C |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
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