AUCTION: April 18th-20th (Holiday Inn Express - Memphis, TN)
Ten-X and Hotel Assets Group are please to present for sale the Holiday Inn Express Memphis East I-240 located in Memphis, TN. The five-story, interior corridor hotel features 130 fully renovated guest rooms. Built in 1994, the property underwent a spectacular multi-million dollar renovation with a phased mid-2015 opening while renovation was being completed in the remainder of 2015. The hotel provides guests a pool, fitness center, executive rooms, suites and a business center. The Holiday Inn Express location along the I-240 southeast beltway provides convenient access to the downtown, FedEx-airport and Germantown submarkets. This investment opportunity provides the buyer a fully renovated premium branded select service hotel with strong operational upside in 2016 and beyond.
For additional information about this investment opportunity, please contact Michael Bernath at 770-692-1605 or [email protected].