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Memphis Northeast near I-40 2855 Old Austin Peay Hwy 70 Room Hotel Memphis, TN 38128 For Sale



INVESTMENT HIGHLIGHTS
- Independent property
- Immediate access to Highway 14 and Interstate 40
- Built in 2000; renovated in 2016
- Absentee ownership and a fully staffed operation
EXECUTIVE SUMMARY
2855 Old Austin Peay Hwy is an independent hospitality asset located within the Memphis Metro area. The property was originally built in 2000 and underwent a renovation in 2016, positioning it as a well-maintained offering with solid infrastructure. Its strategic location provides convenient access to Highway 14 and Interstate 40, supporting strong regional connectivity. The property is currently operated by an absentee owner and is fully staffed, creating a clear opportunity for operational upside through hands-on management.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 70 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2000/2016 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.23 AC | Parking Ratio | 3.05/1,000 SF |
| Building Size | 21,012 SF | Corridor | Interior |
| Zoning | CMU-3 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.23 AC |
| Building Size | 21,012 SF |
| No. Rooms | 70 |
| No. Stories | 3 |
| Year Built/Renovated | 2000/2016 |
| Tenancy | Single |
| Parking Ratio | 3.05/1,000 SF |
| Corridor | Interior |
| Zoning | CMU-3 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Wheelchair Accessible
- Indoor Pool
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 70 | $130.96 CAD | - |
PROPERTY TAXES
| Parcel Number | 08-3021-0-0087 | Improvements Assessment | $1,109,752 CAD |
| Land Assessment | $103,425 CAD | Total Assessment | $1,213,178 CAD |
PROPERTY TAXES
Parcel Number
08-3021-0-0087
Land Assessment
$103,425 CAD
Improvements Assessment
$1,109,752 CAD
Total Assessment
$1,213,178 CAD
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Presented by
Moon Realty USA, LLC
Memphis Northeast near I-40 | 2855 Old Austin Peay Hwy
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