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7905 Giacosa Pl
Memphis, TN 38133
Hyatt Place Memphis/Wolfchase Galleria · Hospitality Property For Sale
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39,483 SF
Investment Highlights
- Fee simple interest in the 126-room Hyatt Place Memphis Wolfchase Galleria.
- Offered as part of a five-property portfolio, with all properties being sold individually.
- Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
- The asset will be available for purchase in the May 7th auction event via Ten-X.
- Property offered unencumbered by management and debt and at a significant discount to replacement cost.
- Adjacent to the heavily trafficked Interstate 40, with upwards of 115,000 vehicles passing the location daily.
Property Facts
| Sale Condition | Auction Sale | Building Size | 39,483 SF |
| Type of Ownership | Fee Simple | No. Stories | 6 |
| Property Type | Hospitality | Year Built/Renovated | 1996/2018 |
| Property Subtype | Hotel | Parking Ratio | 3.34/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.23 AC | Parcel Number | 09-2008-0-0010 |
| Zoning | CA | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.23 AC |
| Building Size | 39,483 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1996/2018 |
| Parking Ratio | 3.34/1,000 SF |
| Corridor | Interior |
| Zoning | CA |
| Parcel Number | 09-2008-0-0010 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
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