2427 N Germantown Pky - Hospitality FOR SALE


Cordova, TN 38016
$5,600,000 USD
901-674-6105
2427 N Germantown Pky, Cordova, TN for Sale
$5,600,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

2427 N Germantown Pky
Cordova, TN 38016


HIGHLIGHTS

  • Highly visible I-40 and Germantown Parkway location in Cordova / Wolfchase
  • 60-unit, 3-story interior-corridor all-suites Comfort Suites
  • Recent renovations including new roof and 30 fully renovated suites
  • Indoor pool, fitness center, and complimentary breakfast area
  • ~1.1 miles to Wolfchase Galleria; ~2 miles to Saint Francis Hospital–Bartlett
  • Choice Hotels Comfort Suites franchise with limited expected PIP

OVERVIEW

Comfort Suites Cordova is a 60-unit, three-story, interior-corridor all-suites hotel at 2427 N Germantown Parkway in Cordova, Tennessee, in the Memphis metropolitan area. The property sits in a highly visible position off Interstate 40 and Germantown Parkway in the Wolfchase commercial corridor, with convenient access to shopping, dining, healthcare, and major regional roadways. Built in 2000 and operating under the Comfort Suites brand by Choice Hotels International, the hotel offers suite-style guest rooms suited to both transient and extended-stay travelers. Recent capital work includes renovations in 2022 and again in 2025–2026: a new roof, corridor upgrades, renovation of 30 guest suites, new pool equipment, a third water heater, and a new hotel laundry washer. Buyer-required product improvement work is expected to be limited. On-site amenities include an indoor pool, fitness center, complimentary breakfast / dining area, lobby seating, and typical Comfort Suites in-room features such as a refrigerator, microwave, work/sitting area, and renovated bathrooms. The location is approximately 1.1 miles from Wolfchase Galleria, Memphis’ largest indoor shopping and entertainment center, and within about two miles of Saint Francis Hospital–Bartlett. Other nearby demand drivers include Agricenter International, Shelby Farms Park, the University of Memphis, Memphis International Airport and the FedEx World Hub, downtown Memphis attractions (Beale Street, FedExForum, Graceland), five Class I railroads and intermodal hubs, and the xAI Colossus data-center cluster in the South Memphis–Southaven area. The Memphis market also draws leisure, healthcare, education, logistics, and corporate travelers year-round. Tours by appointment only. Contact listing broker Suryakant (Suresh) Patel, Moon Realty USA, LLC, to schedule.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$230 USD /SF

# OF ROOMS

60

PRICE/ROOM

$93,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Suites Cordova

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2000

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

CP

APN/PARCEL ID

09-5400-0-0617

ASK ABOUT THIS PROPERTY

Suresh PatelMoon Realty USA, LLCMore Info
901-674-6105

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Suresh PatelMoon Realty USA, LLCMore Info
901-674-6105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.