Quality Inn & Suites Memphis 1335 Mcree St 55 Room Hotel Memphis, TN 38134 $2,343,739 CAD ($42,613 CAD/Room)

Quality Inn & Suites | 55-Key Hospitality Asset – East Memphis
Prime Interstate Location – Turn-Key 55-Room Quality Inn & Suites
Highly visible limited-service hotel located immediately off the high-traffic I-40 / I-240 interchange in East Memphis. The property offers excellent visibility, convenient on/off access, and strong exposure to east-west freight and traveler traffic.
This 2-story interior-corridor hotel (concrete block & steel construction with elevator) sits on a 1.24-acre site and features 55 keys, complimentary hot breakfast, outdoor pool, fitness center, business center, and on-site laundry.
A spacious 3-bedroom, 2-bath manager’s quarters is included, providing excellent owner-operator or on-site management opportunities.
Recent improvements include a new roof (2017–2018), fully renovated hallways (2022), refreshed guest-room flooring (2023), and new mattresses (2017). The property is positioned for strong upside through professional management, modest PIP investment.
55-room Quality Inn & Suites — 2-story interior corridor concrete block and steel construction with elevator, well-suited for efficient operations and guest comfort.
On-site Manager’s Quarters — Spacious 3-bedroom, 2-bath apartment provides comfortable living accommodations for an on-site manager or owner-operator, reducing payroll expense.
Prime East Memphis Location — High-visibility interchange of Interstate 40 and 240 with excellent access for transient, corporate, and logistics travelers.
Strong Demand Generators — Minutes from Baptist Memorial Hospital (flagship campus), University of Memphis, Wolfchase Galleria, Shelby Farms Park, and approximately 45 minutes from Ford’s Blue Oval City EV plant.
Attractive Entry Point — Offered at $1,700,000 with only $386,000 down, delivering strong potential for cash-flow improvement and RevPAR growth.
Value-Brand Stability — Quality Inn & Suites by Choice Hotels with national reservation system, loyalty program, and limited new supply at this exit.